Community Health Systems Inc (CYH) Files Form 4 Insider Selling : H Mitchell Jr Watson Sells 5,600 Shares

Community Health Systems Inc (CYH): H Mitchell Jr Watson , director of Community Health Systems Inc sold 5,600 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $13.42 per share for a total value of $75,163.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 19, 2016, James S. Iii Ely (director) purchased 10,000 shares at $14.69 per share price.On Nov 5, 2015, John A Clerico (director) purchased 10,000 shares at $27.62 per share price.Also, On Aug 28, 2015, H Mitchell Jr Watson (director) sold 2,000 shares at $54.01 per share price.On Jun 5, 2015, Martin Dewayne Smith (Division President) sold 8,000 shares at $54.81 per share price.

Shares of Community Health Systems (CYH) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.72 points or -4.87% at $14.05 with 25,00,686 shares getting traded. Post opening the session at $14.5, the shares hit an intraday low of $13.94 and an intraday high of $14.55 and the price vacillated in this range throughout the day. The company has a market cap of $1,598 M and the number of outstanding shares has been calculated to be 11,37,54,186 shares. The 52-week high of Community Health Systems is $53.502345 and the 52-week low is $10.585233.

Community Health Systems Money Flow Index Chart

Company has been under the radar of several Street Analysts.Community Health Systems is Downgraded by Morgan Stanley to Underweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on May 24, 2016.Community Health Systems is Upgraded by Leerink Partners to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on May 4, 2016.Community Health Systems is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 3, 2016.Community Health Systems is Downgraded by Raymond James to Underperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Apr 25, 2016.Community Health Systems is Reiterated by Mizuho to Underperform while Lowering the Price Target of the company shares to $ 10.50 from a previous price target of $14.40 . The Rating was issued on Apr 19, 2016.

Community Health Systems Inc. is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations. Its hospital operations include the Company’s acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. Its home care agencies operations provide in-home outpatient care. Services provided through its hospitals and affiliated businesses include general acute care emergency room general and specialty surgery critical care internal medicine obstetrics diagnostic psychiatric and rehabilitation services. It provides a range of hospital healthcare services and other outpatient services to patients in the communities in which the Company is located.

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