National Healthcare Corp (NHC) Files Form 4 Insider Selling : David L Lassiter Sells 5,000 Shares

National Healthcare Corp (NHC): David L Lassiter , Sr. Vice President, Corp. Aff. of National Healthcare Corp sold 5,000 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $64.15 per share for a total value of $321,197.09 , 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 17, 2016, David L Lassiter (Sr. Vice President, Corp. Aff.) sold 5,000 shares at $64.15 per share price.On Nov 30, 2015, James Paul Abernathy (director) sold 1,000 shares at $67.00 per share price.Also, On Nov 16, 2015, Stephen Fowler Flatt (President) sold 1,000 shares at $65.55 per share price.On Jun 4, 2015, Ernest G Iii Burgess (director) sold 1,000 shares at $63.00 per share price.

Shares of National HealthCare Corporation (NHC) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.53% at $63.81 with 23,431 shares getting traded. Post opening the session at $64.62, the shares hit an intraday low of $63.3401 and an intraday high of $64.62 and the price vacillated in this range throughout the day. The company has a market cap of $974 M and the number of outstanding shares has been calculated to be 1,52,71,739 shares. The 52-week high of National HealthCare Corporation is $69.4 and the 52-week low is $57.16.

National HealthCare Corporation Money Flow Index Chart

On May 3, 2016, National HealthCare Corporation announced a cash dividend of $0.4500. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Sep 1, 2016.

National HealthCare Corporation (NHC) is engaged in the operation of skilled nursing facilities with associated assisted living and independent living centers. The Company’s business activities include providing sub-acute skilled and post-acute skilled nursing care intermediate nursing care rehabilitative care senior living services and home healthcare services. In addition it provides management services accounting and financial services and insurance services to third-party owners of healthcare facilities. The Company operates in 10 states and its owned and leased properties are located primarily in the southeastern United States. NHC operated or managed approximately 74 skilled nursing facilities around 18 assisted living centers approximately five independent living centers approximately 36 homecare programs and around four regional pharmacy operations. The Company provides therapy services through Professional Health Services a subsidiary of NHC.

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