Mednax, Inc. (MD): Karl B Wagner , President, Eastern Division of Mednax, Inc. sold 27,482 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $68.45 per share for a total value of $1,881,142.88 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, David A. Clark (President, Western Division) sold 11,470 shares at $67.78 per share price.On Jun 3, 2016, Michael D Stanley (President, Clinical Services) sold 14,778 shares at $67.78 per share price.Also, On Jun 3, 2016, Joseph M Calabro (President and COO) sold 28,347 shares at $67.78 per share price.On May 17, 2016, Dominic J Andreano (SVP, General Counsel and Secy) sold 3,000 shares at $68.53 per share price.
MEDNAX Inc: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in MEDNAX Inc which led to swings in the share price. The shares opened for trading at $68.32 and hit $69.84 on the upside , eventually ending the session at $69.78, with a gain of 2.17% or 1.48 points. The heightened volatility saw the trading volume jump to 6,12,492 shares. The 52-week high of the share price is $86.09 and the company has a market cap of $6,491 M . The 52-week low of the share price is at $61.4.
Company has been under the radar of several Street Analysts.MEDNAX Inc is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 79 from a previous price target of $75 .The Rating was issued on Apr 29, 2016.
MEDNAX Inc. (MEDNAX) is a provider of physician services including newborn maternal-fetal and other pediatric subspecialty care. The Company provides clinical care to babies born prematurely or with complications within specific hospital units primarily neonatal intensive care units (NICUs). It provides anesthesia care at more than 90 hospitals 100 ambulatory surgery centers and office-based practices with over 950 of its affiliated anesthesiologists. It provides acute and chronic pain management services in over 20 pain management centers through its network of physicians and physician assistants. It provides inpatient and office-based clinical care to expectant mothers and their unborn babies through its over 245 affiliated maternal-fetal medicine subspecialists as well as obstetricians and other clinicians. Its network includes other pediatric subspecialists such as pediatric intensivists pediatric hospitalists and pediatric surgeons.