Select Medical Holdings Corporation (NYSE:SEM) insider David S. Chernow sold 133,025 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $17.85, for a total transaction of $2,374,496.25. Following the sale, the insider now directly owns 729,815 shares of the company’s stock, valued at $13,027,197.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Select Medical Holdings Corporation (NYSE:SEM) traded up 1.96% during mid-day trading on Friday, hitting $18.20. 1,508,018 shares of the stock were exchanged. The company has a 50-day moving average price of $17.26 and a 200-day moving average price of $14.89. Select Medical Holdings Corporation has a 12 month low of $10.20 and a 12 month high of $18.80. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 28.84 and a beta of 1.44.

Select Medical Holdings Corporation (NYSE:SEM) last issued its quarterly earnings data on Thursday, August 3rd. The health services provider reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.13 billion. Select Medical Holdings Corporation had a return on equity of 9.61% and a net margin of 1.95%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $0.23 EPS. Equities analysts expect that Select Medical Holdings Corporation will post $0.90 earnings per share for the current year.

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A number of analysts have recently issued reports on the stock. Robert W. Baird raised shares of Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $15.00 to $21.00 in a research note on Monday, August 7th. Benchmark Co. boosted their target price on shares of Select Medical Holdings Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, August 7th. BidaskClub lowered shares of Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Deutsche Bank AG boosted their target price on shares of Select Medical Holdings Corporation from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Monday, August 7th. Finally, Zacks Investment Research raised shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. Select Medical Holdings Corporation has a consensus rating of “Hold” and an average price target of $17.57.

Several large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its position in shares of Select Medical Holdings Corporation by 0.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,313 shares of the health services provider’s stock worth $111,000 after purchasing an additional 70 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Select Medical Holdings Corporation by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,317 shares of the health services provider’s stock worth $125,000 after purchasing an additional 107 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in shares of Select Medical Holdings Corporation by 0.7% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 41,940 shares of the health services provider’s stock worth $560,000 after purchasing an additional 290 shares during the last quarter. Amalgamated Bank increased its position in shares of Select Medical Holdings Corporation by 2.6% during the 2nd quarter. Amalgamated Bank now owns 14,806 shares of the health services provider’s stock worth $227,000 after purchasing an additional 376 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in shares of Select Medical Holdings Corporation by 1.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 50,364 shares of the health services provider’s stock worth $773,000 after purchasing an additional 487 shares during the last quarter. 79.01% of the stock is owned by hedge funds and other institutional investors.

About Select Medical Holdings Corporation

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.

Insider Buying and Selling by Quarter for Select Medical Holdings Corporation (NYSE:SEM)

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