Kindred Healthcare, Inc (KND) Files Form 4 Insider Selling : John Joseph Lucchese Sells 4,341 Shares

Kindred Healthcare, Inc (KND): John Joseph Lucchese , SVP & Chief Accounting Officer of Kindred Healthcare, Inc sold 4,341 shares on Jun 29, 2016. The Insider selling transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were sold at $11.39 per share for a total value of $49,438.04 , 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 12, 2015, Paul J Diaz (director) purchased 50,000 shares at $12.53 per share price.On Aug 31, 2015, Benjamin A Breier (President & CEO) sold 5,400 shares at $20.57 per share price.Also, On Aug 24, 2015, Jon B Rousseau (EVP, President, KRS) sold 7,700 shares at $21.36 per share price.On Aug 17, 2015, Michael W Beal (President, Nursing Center Div) sold 2,435 shares at $22.31 per share price.

Shares of Kindred Healthcare (KND) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -0.8 points or -7.09% at $10.49 with 7,73,760 shares getting traded. Post opening the session at $11.15, the shares hit an intraday low of $10.43 and an intraday high of $11.15 and the price vacillated in this range throughout the day. The company has a market cap of $893 M and the number of outstanding shares has been calculated to be 8,51,58,706 shares. The 52-week high of Kindred Healthcare is $23.36 and the 52-week low is $7.955.

Kindred Healthcare Money Flow Index Chart

Company has been under the radar of several Street Analysts.Kindred Healthcare is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 13.50 from a previous price target of $9 .The Rating was issued on May 5, 2016.

Kindred Healthcare Inc. is a healthcare services company that through its subsidiaries operates transitional care (TC) hospitals inpatient rehabilitation hospitals (IRFs) nursing centers assisted living facilities a contract rehabilitation services business and a home health and hospice business across the United States. The Company operates through five segments: hospitals nursing centers skilled nursing rehabilitation services (SRS) hospital rehabilitation services (HRS) and home health and hospice services. The Company’s hospital division provides long-term acute care services to medically complex patients. The Company’s nursing center division operates through 90 nursing centers and seven assisted living facilities in 18 states. Its rehabilitation division provided rehabilitation services primarily in hospitals and long-term care settings. Its care management division primarily provided home health hospice and private duty services from 143 locations in 13 states.

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