The Chairman & CEO of Community Health (NYSE: CYH) is Buying Shares

By Carrie Williams

Yesterday, the Chairman & CEO of Community Health (CYHResearch Report), Wayne T. Smith, bought shares of CYH for $2.38M.

Following this transaction Wayne T. Smith’s holding in the company was increased by 45.79% to a total of $9.77 million. In addition to Wayne T. Smith, 2 other CYH executives reported Buy trades in the last month.

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The company has a one-year high of $5.35 and a one-year low of $1.79.

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Community Health Systems, Inc. engages in the management and operations of hospitals. It operates general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The company was founded in March 1985 and is headquartered in Franklin, TN.