National Health Investors Inc (NHI): Kristin Sallee Gaines , Chief Credit Officer of National Health Investors Inc sold 8,652 shares on Jun 28, 2016. The Insider selling transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were sold at $74.05 per share for a total value of $640,072.69 , 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 14, 2016, Robert A Jr Mccabe (director) sold 1,250 shares at $71.61 per share price.On May 12, 2016, Kevin Carlton Pascoe (EVP – Investments) sold 2,000 shares at $70.72 per share price.Also, On Mar 29, 2016, Roger R Hopkins (Chief Accounting Officer) sold 10,000 shares at $65.45 per share price.On Nov 17, 2015, D. Eric Mendelsohn (CEO) purchased 1,000 shares at $56.12 per share price.
National Health Investors Inc: On Monday, Jun 27, 2016 heightened volatility was witnessed in National Health Investors Inc which led to swings in the share price. The shares opened for trading at $72.7 and hit $74.07 on the upside , eventually ending the session at $73.88, with a gain of 1.51% or 1.1 points. The heightened volatility saw the trading volume jump to 3,47,750 shares. The 52-week high of the share price is $74.07 and the company has a market cap of $2,839 M . The 52-week low of the share price is at $53.6405.
National Health Investors Inc. (NHI) is a self-managed real estate investment trust (REIT) specializing in sale-leaseback joint-venture mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company’s portfolio consists of real estate investments in independent assisted and memory care communities entrance-fee communities senior living campuses skilled nursing facilities specialty hospitals and medical office buildings. The Company’s other investments include mortgages and notes the preferred stock and marketable securities of other REITs and a joint venture. The Company’s continuing operations consist of investments in real estate and mortgage and other notes receivable involving approximately 183 facilities located in 31 states. These investments involve 106 senior housing communities 71 skilled nursing facilities four hospitals and two medical office buildings.