Major Shareholder at Select Medical is Selling Shares

By George MacDonald

Today, major Shareholder at Select Medical, North Tide Capital, Llc, sold stocks of SEM for $7.43M.

Following Llc’s last SEM Sell transaction on March 11, 2015, the stock climbed by 2.9%. In addition to Llc, 2 other SEM executives reported Sell trades in the last month.

Based on Select Medical`s latest earnings report from March 31, the company posted quarterly revenue of $795.3M and quarterly net profit of $35.06M. In comparison, last year the company earned revenue of $772.8M and had a net profit of $35.34M. The company has a one year high of $17.20 and a one year low of $11.29. SEM’s market cap is $2.11B and the company has a P/E ratio of 17.3%.

Looking at blogger coverage of SEM, there is a 50% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Healthcare sector.

Over the last 3 months, the insider sentiment on Select Medical has been neutral based on 71 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Select Medical Holdings Corp provides long term acute care hospital services and inpatient acute rehabilitative hospital care and provides physical, occupational and speech rehabilitation services.