Select Medical Holdings Corp (SEM): James E Jr Dalton , director of Select Medical Holdings Corp sold 12,000 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $12.37 per share for a total value of $148,440.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 10, 2015, William H. Frist (director) purchased 8,100 shares at $12.32 per share price.On Aug 11, 2015, Michael E Tarvin (Executive Vice President) sold 22,000 shares at $14.75 per share price.Also, On Jul 2, 2015, David S Chernow (Chief Executive Officer) sold 39,025 shares at $16.36 per share price.On Jun 26, 2015, Scott A Romberger (Senior Vice President) sold 10,000 shares at $16.95 per share price.
Select Medical Holdings Corporation: On Friday, May 20, 2016 heightened volatility was witnessed in Select Medical Holdings Corporation which led to swings in the share price. The shares opened for trading at $12.45 and hit $12.58 on the upside , eventually ending the session at $12.47, with a gain of 0.56% or 0.07 points. The heightened volatility saw the trading volume jump to 5,90,374 shares. The 52-week high of the share price is $17.2 and the company has a market cap of $1,637 M . The 52-week low of the share price is at $7.33.
Company has been under the radar of several Street Analysts.Select Medical Holdings Corporation is Reiterated by UBS to Reduce and the brokerage firm has raised the Price Target to $ 11 from a previous price target of $8 .The Rating was issued on May 9, 2016.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes hospitals assisted living and senior care centers schools and worksites. As of December 31 2014 the Company had operations in 41 states and the District of Columbia.