Aac Holdings, Inc. (AAC) Files Form 4 Insider Selling : Michael T. Cartwright Sells 500 Shares

Aac Holdings, Inc. (AAC): Michael T. Cartwright , Chairman and CEO of Aac Holdings, Inc. sold 500 shares on Apr 28, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $21.00 per share for a total value of $10,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 6, 2016, Jerrod N. Menz (10% owner) sold 68,600 shares at $19.64 per share price.On Mar 22, 2016, Michael T. Cartwright (Chairman and CEO) sold 228,898 shares at $20.23 per share price.Also, On Aug 7, 2015, Andrew W. Mcwilliams (Chief Accounting Officer) purchased 340 shares at $23.00 per share price.On Aug 4, 2015, Darrell S. Freeman (director) purchased 15,000 shares at $21.55 per share price.

AAC Holdings Inc: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in AAC Holdings Inc which led to swings in the share price. The shares opened for trading at $20.07 and hit $20.51 on the upside , eventually ending the session at $20.46, with a gain of 1.39% or 0.28 points. The heightened volatility saw the trading volume jump to 88,539 shares. The 52-week high of the share price is $46.6 and the company has a market cap of $470 M . The 52-week low of the share price is at $14.36.

AAC Holdings Inc Money Flow Index Chart

AAC Holdings Inc. is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company operates approximately seven residential substance abuse treatment facilities and one outpatient substance abuse treatment facility. Its substance abuse treatment facilities are located throughout the United States focused on delivering clinical care and treatment solutions across its approximately 560 beds which includes approximately 378 licensed detoxification beds. It has made investments in its treatment facilities. The Company provides care to adults and adolescents struggling with alcohol and/or drug abuse and dependence as well as co-occurring mental health issues. The Company offers various treatment services which include detoxification residential treatment partial hospitalization and intensive outpatient services.

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