Surgical Care Affiliates COO Unloads $44,505 in Stock (SCAI)
Surgical Care Affiliates (NASDAQ:SCAI) COO Michael A. Rucker sold 1,500 shares of Surgical Care Affiliates stock on the open market in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $29.67, for a total transaction of $44,505.00. Following the sale, the chief operating officer now directly owns 30,934 shares of the company’s stock, valued at approximately $917,812. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Surgical Care Affiliates (NASDAQ:SCAI) opened at 29.70 on Thursday. Surgical Care Affiliates has a 52 week low of $25.50 and a 52 week high of $37.69. The stock has a 50-day moving average of $29.29 and a 200-day moving average of $29.76.
Surgical Care Affiliates (NASDAQ:SCAI) last announced its earnings results on Wednesday, August 13th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.20. Analysts expect that Surgical Care Affiliates will post $1.35 EPS for the current fiscal year.
Separately, analysts at Zacks downgraded shares of Surgical Care Affiliates from a “neutral” rating to an “underperform” rating in a research note on Tuesday. They now have a $27.10 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $35.35.
Surgical Care Affiliates,Inc operates surgical facilities, including surgery centers, surgical hospitals, and hospital surgery departments.
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