Home Insider News Insider Selling Report: Select Medical Holdings Corporation 's Exec. COB, Co-Founder, Ortenzio...

Insider Selling Report: Select Medical Holdings Corporation [SEM]’s Exec. COB, Co-Founder, Ortenzio Robert A, Sells 281,578 Shares

On Jan. 07, Ortenzio Robert A divested U.S. $8,734,349 in shares of Select Medical Holdings Corporation. The Exec. COB, Co-Founder sold 281,578 shares at a price per share of $31.02. The transaction decreased this specific insider’s holdings to 13,873,363 shares worth around $424.39 million at present.

BofA/Merrill took its Select Medical Holdings Corporation [SEM] rating to the equivalent of an Underperform from a Neutral, and the price target to $15 from $18, in a research note dated June 16, 2020. That figure represents around a -103.93% premium from where the company’s shares closed on Friday. Other analysts also revised their coverage, with BofA/Merrill’s analysts downgrading the shares from “a Neutral” rating to “an Underperform” rating in a research note to investors issued in mid June. Meanwhile, Deutsche Bank had launched its coverage on SEM with “Buy”, in a research note produced for clients September 17, 2019. In addition, there was an upgrade from JMP Securities on May 17, 2019. The rater changed SEM from “a Mkt perform” to “a Mkt outperform”.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Is Select Medical Holdings Corporation [NYSE:SEM] a Good Buy Right Now?

It should be noted that SEM technical indicators for short, intermediate as well as long term progress have placed an overall average of 100% as Buy. The average signal changed from 100% Buy in the last week and compares with 100% Buy in the past month. Data from Select Medical Holdings Corporation’s Trend Spotter indicated that the signals were Weakening. The stock current average is 0.51 million shares in the past 20 days and the short term average signal indicates a 100% Buy. In the last 50 days, the average trading volume was 0.51 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.5 million shares.

SEM Price Performance

On Wall Street, Select Medical Holdings Corporation [NYSE:SEM] finished Friday’s session down -0.75% at $30.59. The stock went up to $31.30 at the same session while its lowest single day price was $29.93. In the last five days, it saw a rise of about 10.59%, Select Medical Holdings Corporation shares gained by almost 10.59% since the beginning of the year. However, the share price has dropped to as low as -1.32% below its one year high. On 01/08/21, the company shares recorded $31.30, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/04/21, the same year at $27.05. The company’s shares have inclined by 32.54% in the past year. The 50-day SMA achieved is $25.51 while the 200-day SMA is $19.50. Volume gained to 1.16 million from 0.53 million in the previous session.

Select Medical Holdings Corporation [SEM] Valuation Measures

Notably, Select Medical Holdings Corporation [SEM] stock can be classified as a good candidate in the listing of underestimated low-priced Medical Care Facilities companies to purchase soonest possible with the prevailing 12-month PE ratio of 19.23. The measure means the stock is exchanging at a discount as compared to the 30.86x trailing earnings of the industry. It can be helpful for investors to consider historical price-sales ratio, more specifically, a 0.76 PS value ratio is reported for the last one year of reported earnings. That is lower than the industry average of 2.26 which means SEM serve an attractive investment opportunity compared to its competitors.

SEM Stock Support And Resistance Levels

On the 24-hour scale, the immediate backing is perceived around 29.91 level, and in case of violation of this particular level, it will cause more drop to 29.24 level. On the upper level, 31.98 is still the key resistance. The stock may increase to the subsequent resistance at 31.28. The Relative Strength Index (RSI) pinned on the 14-day chart is 77.29, implying a overbought technical stance while the MACD stands at 2.55, meaning price will increase in the next trading period. Percent R indicator moved to 12.54%, implying bullish price movement. Stochastic %K at 90.25% suggest selling the stock.

What is the short interest in Select Medical Holdings Corporation?

Short interest in the Select Medical Holdings Corporation stock has plunged, decreasing by -0.13 million shares to total 2.37 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 2.24 million, data from Yahoo Finance shows. The increase of 5.49% suggests the stock saw some increased bearish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 3.45% of the overall float for the stock.

Select Medical Holdings Corporation’s Biggest Shareholders: Who Owns Select Medical Holdings Corporation [SEM]?

Filings by T. Rowe Price Associates, Inc. showed that the firm now holds a total of 21,957,600 shares or roughly 16.29% of the outstanding SEM shares. This means their shares have increased by 1,430 from the 21,957,600 the investor reportedly held in its prior 13-F filing. With the conclusion of the purchase, BlackRock Fund Advisors updated stake is worth $365,583,046. Details in the latest 13F filings reveal that The Vanguard Group, Inc. disposed off their -2.40% stake valued at $269,885,127 while Dimensional Fund Advisors LP cut theirs at $140,941,813. During the last quarter, The Vanguard Group, Inc. liquidated -275,248 of its shares in Select Medical Holdings Corporation while Dimensional Fund Advisors LP sold -84,126 shares. The LSV Asset Management’s holdings currently number 4,274,651 shares at $130761574.09. According to the firm’s last 13F report, SSgA Funds Management, Inc. shares in the company at filing stood at 3,490,322 shares, roughly $84,116,760.

SEM Earnings Forecast For The Current Quarter

Select Medical Holdings Corporation [SEM] is expected to report strong earnings results for the quarter ending on Dec 2020. Consensus estimates give the company expected revenues of $1.41B and an earnings per share of $0.31 for Dec 2020. Looking further ahead, the company is expected to report revenue of $1.43B at an EPS of $0.39 for Mar 2021. The estimates represent upside of 6.50% and 1.36% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.

SEM Earnings Estimates For The Current Year

For the financial year, Select Medical Holdings Corporation [NYSE:SEM] is expected to bring in revenue of $5.48B. The returns are nearly $30.0 million higher than the company’s actual revenue recorded in the fiscal year 2019. In terms of EPS for the 2020, estimate put it at 1.62, higher than that of FY19 by $0.38. Estimates put this year’s earnings growth at 30.60%, 1.20% for the next, and at an annual 18.50% over the next 5-year period. As for sales, forecasts are for an increase of 0.50% in the current fiscal year and a further 6.50% over the following year.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

What are analyst thoughts on Select Medical Holdings Corporation?

Looking forward to the Select Medical Holdings Corporation share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for Select Medical Holdings Corporation stock at $31.00 within the next 12 months, which represents almost 1.32 per cent growth from its previous closing price of $30.59. The highest analysts’ target for Select Medical Holdings Corporation stock projections is $33.00 and the lowest one is $27.00. Still, 5 analysts sharing their consensus rating for SEM stock in 2021 agree that it is an Overweight.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Torchlight Energy Resources Inc. (TRCH) stock surged during current market trading. Here’s to know why?

Torchlight Energy Resources Inc. (NASDAQ: TRCH) stock gained by 41.33% in the current market trading session. Torchlight Energy Resources is a vast growing oil...

The9 Ltd. (NCTY) stock declined during pre-market trading. Here’s the update

The9 Ltd. (NASDAQ: NCTY) stock plunged by 12% at the last close while the NCTY stock price fell by 7.03% during pre-market trading. The9...

The Dixie Group Inc. (DXYN) stock surged during pre-market trading given no recent news

The Dixie Group Inc. (NASDAQ: DXYN) stock gained by 11.55% in the pre-market trading session. However, there is no update available regarding this hike...

Why BancorpSouth Bank (BXS) stock plummeted on Friday?

BancorpSouth Bank (BXS) shares plummeted 9.39% in after-hours on Friday, June 18, 2021, and close the weekly business at $25.00 per share. Earlier, BXS's...

CureVac Inc. (CVAC) stock soar during pre-market trading. Here’s what you should know?

CureVac Inc. (NASDAQ: CVAC) stock declined by 38.99% at the last close while the CVAC stock price gains by 11.34% in the pre-market trading...

Anavex Inc. (AVXL) stock soars during pre-market trading. Let’s see why?

Anavex Inc. (AVXL) stock gained by 4.29% at the last close while the AVXL stock price surged by 12.38% in the pre-market trading session....

The9 Ltd. (NCTY) stock declined during pre-market trading. Here’s the update

The9 Ltd. (NASDAQ: NCTY) stock plunged by 12% at the last close while the NCTY stock price fell by 7.03% during pre-market trading. The9...

The Dixie Group Inc. (DXYN) stock surged during pre-market trading given no recent news

The Dixie Group Inc. (NASDAQ: DXYN) stock gained by 11.55% in the pre-market trading session. However, there is no update available regarding this hike...

Related News

The Aqua Metals (AQMS) Stock Is An Pre-Market Upsurge of 13% For What Reason?

The metal recycling firm Aqua Metals, Inc. (NASDAQ: AQMS) is on an uptick today in premarket session. As of 09:08 a.m. EST, the stock...

Insider Selling Report: Nu Skin Enterprises Inc. [NUS]’s Pres, Napierski Ryan S, Sells 4,844 Shares

On Jan. 07, Napierski Ryan S divested U.S. $286,038 in shares of Nu Skin Enterprises Inc.. The Pres sold 4,844 shares at a price...

Insider Alert: Harmonic Inc. [HLIT]’s SVP, Video R, D, Haltmayer Neven, Makes A $117,240 Sell

On Jan. 06, Haltmayer Neven divested U.S. $117,240 in shares of Harmonic Inc.. The SVP, Video R, D sold 15,632 shares at a price...

ACM Research Inc. [ACMR] Sees 2,000 Share Insider Sell From Dir Liu Tracy

On Jan. 06, Liu Tracy divested U.S. $200,000 in shares of ACM Research Inc.. The Dir sold 2,000 shares at a price per share...

Insider Selling: MasTec Inc. [MTZ] CFO Sells 30,027 Shares Worth $2,404,436

On Jan. 07, Pita George divested U.S. $2,404,436 in shares of MasTec Inc.. The CFO sold 30,027 shares at a price per share of...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam