Almost Family Inc (AFAM) Insider Sells $581,588.70 in Stock
Almost Family Inc (NASDAQ:AFAM) insider C Steven Guenthner sold 10,367 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $56.10, for a total value of $581,588.70. Following the completion of the transaction, the insider now owns 166,951 shares in the company, valued at approximately $9,365,951.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
C Steven Guenthner also recently made the following trade(s):
- On Tuesday, May 23rd, C Steven Guenthner sold 20,000 shares of Almost Family stock. The shares were sold at an average price of $55.90, for a total value of $1,118,000.00.
Almost Family Inc (NASDAQ:AFAM) traded up 0.71% during trading on Wednesday, hitting $56.75. The stock had a trading volume of 86,542 shares. The company has a 50-day moving average of $50.88 and a 200 day moving average of $46.96. The company has a market cap of $720.38 million, a price-to-earnings ratio of 35.90 and a beta of 0.72. Almost Family Inc has a 52 week low of $35.21 and a 52 week high of $57.90.
Almost Family (NASDAQ:AFAM) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.04. The company had revenue of $201.31 million during the quarter, compared to analysts’ expectations of $204.79 million. Almost Family had a return on equity of 8.86% and a net margin of 2.74%. The business’s quarterly revenue was up 31.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. On average, equities research analysts anticipate that Almost Family Inc will post $2.49 EPS for the current year.
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Several equities research analysts have recently issued reports on the stock. Bank of America Corp restated a “neutral” rating and issued a $57.00 price objective (up previously from $52.00) on shares of Almost Family in a research note on Wednesday, May 17th. Zacks Investment Research raised Almost Family from a “sell” rating to a “hold” rating in a research report on Monday, May 15th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $58.00 target price on shares of Almost Family in a research report on Friday, March 31st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $56.00 target price (up from $55.00) on shares of Almost Family in a research report on Thursday, March 16th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $54.40.
Large investors have recently modified their holdings of the stock. Municipal Employees Retirement System of Michigan boosted its stake in shares of Almost Family by 32.3% in the first quarter. Municipal Employees Retirement System of Michigan now owns 2,620 shares of the company’s stock valued at $127,000 after buying an additional 640 shares during the last quarter. Dubuque Bank & Trust Co. bought a new stake in shares of Almost Family during the first quarter valued at $135,000. Mason Street Advisors LLC boosted its stake in shares of Almost Family by 43.0% in the first quarter. Mason Street Advisors LLC now owns 2,788 shares of the company’s stock valued at $135,000 after buying an additional 839 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Almost Family by 9.4% in the first quarter. BNP Paribas Arbitrage SA now owns 2,923 shares of the company’s stock valued at $142,000 after buying an additional 251 shares during the last quarter. Finally, Victory Capital Management Inc. bought a new stake in shares of Almost Family during the first quarter valued at $159,000. 56.02% of the stock is owned by institutional investors.
Almost Family Company Profile
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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