Healthsouth Corp (HLS) Files Form 4 Insider Selling : Cheryl B. Levy Sells 11,000 Shares

Healthsouth Corp (HLS): Cheryl B. Levy , Chief Human Resources Officer of Healthsouth Corp sold 11,000 shares on Apr 29, 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 $41.44 per share for a total value of $455,840.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Edmund Fay (Sr. Vice Pres. and Treasurer) sold 16,240 shares at $35.50 per share price.On Jan 12, 2016, John Chidsey (director) purchased 799 shares at $35.78 per share price.Also, On Nov 16, 2015, Elissa Joy Charbonneau (Chief Medical Officer) purchased 294 shares at $33.68 per share price.On Nov 6, 2015, Joan E Herman (director) purchased 1,000 shares at $35.28 per share price.

HealthSouth Corp: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in HealthSouth Corp which led to swings in the share price. The shares opened for trading at $39.14 and hit $41.755 on the upside , eventually ending the session at $41.5, with a gain of 9.27% or 3.52 points. The heightened volatility saw the trading volume jump to 23,81,420 shares. The 52-week high of the share price is $48.37 and the company has a market cap of $3,726 M . The 52-week low of the share price is at $30.26.

HealthSouth Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.HealthSouth Corp is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $40 .The Rating was issued on Apr 29, 2016.HealthSouth Corp is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $39 .The Rating was issued on Apr 28, 2016.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Company’s inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses which include physical and cognitive disabilities or injuries due to medical conditions such as strokes hip fractures head injuries spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals home health agencies and hospice agencies. The Company’s inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31 2014 the Company operated 107 inpatient rehabilitation hospitals. The Company’s inpatient hospitals are concentrated in the eastern half of the United States and Texas.

Leave a Reply

HealthSouth Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on HealthSouth Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.