National Healthcare Corp (NHC) Files Form 4 Insider Selling : David L Lassiter Sells 8,000 Shares

National Healthcare Corp (NHC): David L Lassiter , Sr. V.P., Corporate Affairs of National Healthcare Corp sold 8,000 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $64.47 per share for a total value of $515,962.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 30, 2015, James Paul Abernathy (director) sold 1,000 shares at $67.00 per share price.On Nov 16, 2015, Stephen Fowler Flatt (President) sold 1,000 shares at $65.55 per share price.Also, On Jun 11, 2015, David L Lassiter (Sr. V.P., Corporate Affairs) sold 2,000 shares at $63.50 per share price.On Jun 4, 2015, Ernest G Iii Burgess (director) sold 1,000 shares at $63.00 per share price.

National HealthCare Corporation: On Friday, May 6, 2016 heightened volatility was witnessed in National HealthCare Corporation which led to swings in the share price. The shares opened for trading at $64.4 and hit $64.78 on the upside , eventually ending the session at $64.59, with a gain of 0.67% or 0.43 points. The heightened volatility saw the trading volume jump to 33,069 shares. The 52-week high of the share price is $69.4 and the company has a market cap of $986 M . The 52-week low of the share price is at $57.16.

National HealthCare Corporation Money Flow Index Chart

National HealthCare Corporation (NHC) is engaged in the operation of skilled nursing facilities with associated assisted living and independent living centers. The Company’s business activities include providing sub-acute skilled and post-acute skilled nursing care intermediate nursing care rehabilitative care senior living services and home healthcare services. In addition it provides management services accounting and financial services and insurance services to third-party owners of healthcare facilities. The Company operates in 10 states and its owned and leased properties are located primarily in the southeastern United States. NHC operated or managed approximately 74 skilled nursing facilities around 18 assisted living centers approximately five independent living centers approximately 36 homecare programs and around four regional pharmacy operations. The Company provides therapy services through Professional Health Services a subsidiary of NHC.

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