Lhc Group, Inc (LHCG): Keith G Myers , CEO and Chairman of Lhc Group, Inc sold 49,000 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $41.09 per share for a total value of $2,013,418.88 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, Keith G Myers (CEO and Chairman) sold 126,000 shares at $41.58 per share price.On Mar 14, 2016, Donald Dwayne Stelly (President & COO) sold 12,952 shares at $35.51 per share price.Also, On Nov 30, 2015, Ronald T Nixon (director) sold 1,695 shares at $48.06 per share price.On Aug 11, 2015, Joshua L. Proffitt (Executive Vice President) sold 1,293 shares at $47.55 per share price.
Shares of LHC Group (LHCG) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.44 points or -1.05% at $41.59 with 1,13,459 shares getting traded. Post opening the session at $42.17, the shares hit an intraday low of $41.02 and an intraday high of $43.13 and the price vacillated in this range throughout the day. The company has a market cap of $754 M and the number of outstanding shares has been calculated to be 1,81,22,084 shares. The 52-week high of LHC Group is $51.83 and the 52-week low is $32.77.
LHC Group Inc. is a holding company. The Company provides post-acute health care services to patients through its home nursing agencies community-based services agencies hospice agencies and long-term acute care hospitals (LTACHs). It operates in three segments: home-based services hospice services and facility-based services. LTACH locations provide services primarily to patients with complex medical conditions who have transitioned out of a hospital intensive care unit but whose conditions remain too severe for treatment in a non-acute setting. The Company owns and operates six LTACHs with eight locations of which all but one are located within host hospitals. It also owns and operates a pharmacy and a family health center. Its services include home-based services offered through its home nursing and community-based services agencies hospice services and facility-based services offered through its LTACHs.