AAC Holdings, Inc. (NYSE:AAC) Director W Larry Cash acquired 10,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was acquired at an average cost of $9.07 per share, with a total value of $90,700.00. Following the purchase, the director now owns 25,000 shares of the company’s stock, valued at $226,750. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

W Larry Cash also recently made the following trade(s):

  • On Wednesday, November 15th, W Larry Cash acquired 12,000 shares of AAC stock. The stock was acquired at an average cost of $9.93 per share, with a total value of $119,160.00.

Shares of AAC Holdings, Inc. (AAC) traded up $0.04 during mid-day trading on Thursday, reaching $9.13. The company’s stock had a trading volume of 166,058 shares, compared to its average volume of 132,334. AAC Holdings, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $13.06. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.28 and a current ratio of 3.28. The stock has a market capitalization of $215.51, a P/E ratio of 13.81 and a beta of 1.87.

AAC (NYSE:AAC) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.07. AAC had a positive return on equity of 9.64% and a negative net margin of 0.42%. The business had revenue of $80.42 million for the quarter, compared to the consensus estimate of $74.49 million. During the same period in the prior year, the business posted $0.19 earnings per share. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. equities research analysts expect that AAC Holdings, Inc. will post 0.54 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. purchased a new stake in AAC during the first quarter valued at approximately $216,000. San Francisco Sentry Investment Group CA purchased a new stake in shares of AAC in the second quarter worth approximately $31,241,000. EAM Investors LLC purchased a new stake in shares of AAC in the third quarter worth approximately $1,977,000. Mondrian Investment Partners LTD raised its holdings in shares of AAC by 21.3% in the second quarter. Mondrian Investment Partners LTD now owns 482,965 shares of the company’s stock worth $3,347,000 after buying an additional 84,905 shares during the period. Finally, Nationwide Fund Advisors raised its holdings in shares of AAC by 116.4% in the second quarter. Nationwide Fund Advisors now owns 34,414 shares of the company’s stock worth $238,000 after buying an additional 18,511 shares during the period. Institutional investors and hedge funds own 42.50% of the company’s stock.

A number of equities research analysts recently commented on the company. Cantor Fitzgerald reiterated a “buy” rating and issued a $14.00 target price on shares of AAC in a research report on Wednesday, September 27th. Zacks Investment Research upgraded AAC from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. UBS upgraded AAC from a “market perform” rating to an “outperform” rating in a research report on Friday, November 3rd. Finally, Raymond James Financial upgraded AAC from a “mkt perform” rating to an “outperform” rating in a research report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $10.00.

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AAC Company Profile

AAC Holdings, Inc is a provider of inpatient and outpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company performs drug testing and diagnostics laboratory services and provides physician services to its clients. As of June 30, 2016, the Company operated 12 residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across 1,139 beds, which includes 636 licensed detoxification beds, and 18 standalone outpatient centers.

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