Addus Homecare Co. (ADUS) Insider W Bradley Bickham Sells 822 Shares

Addus Homecare Co. (NASDAQ:ADUS) insider W Bradley Bickham sold 822 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $37.40, for a total transaction of $30,742.80. Following the completion of the transaction, the insider now directly owns 9,178 shares of the company’s stock, valued at $343,257.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Addus Homecare Co. (NASDAQ:ADUS) traded down $0.55 during midday trading on Thursday, reaching $37.00. 33,208 shares of the company’s stock traded hands, compared to its average volume of 29,017. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.68 and a quick ratio of 2.68. The stock has a market capitalization of $430.11, a price-to-earnings ratio of 24.18, a price-to-earnings-growth ratio of 1.65 and a beta of 0.17. Addus Homecare Co. has a 52 week low of $29.90 and a 52 week high of $40.75.

Addus Homecare (NASDAQ:ADUS) last posted its quarterly earnings data on Monday, November 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.38 by $0.04. The company had revenue of $108.60 million during the quarter, compared to analyst estimates of $108.99 million. Addus Homecare had a net margin of 4.30% and a return on equity of 10.35%. Addus Homecare’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 earnings per share. research analysts anticipate that Addus Homecare Co. will post 1.42 EPS for the current fiscal year.

A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Addus Homecare from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 9th. BidaskClub raised shares of Addus Homecare from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Addus Homecare has an average rating of “Hold” and an average price target of $41.33.

A number of hedge funds and other institutional investors have recently bought and sold shares of ADUS. Cortina Asset Management LLC boosted its stake in Addus Homecare by 12.6% during the third quarter. Cortina Asset Management LLC now owns 609,003 shares of the company’s stock worth $21,498,000 after buying an additional 68,010 shares during the period. Dimensional Fund Advisors LP boosted its stake in Addus Homecare by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 867,298 shares of the company’s stock worth $32,264,000 after buying an additional 42,304 shares during the period. Paradigm Capital Management Inc. NY purchased a new position in Addus Homecare during the third quarter worth $1,385,000. GSA Capital Partners LLP purchased a new position in Addus Homecare during the second quarter worth $1,199,000. Finally, Ativo Capital Management LLC purchased a new position in Addus Homecare during the second quarter worth $1,087,000. 92.97% of the stock is owned by institutional investors.

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About Addus Homecare

Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.

Insider Buying and Selling by Quarter for Addus Homecare (NASDAQ:ADUS)

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