A Director at Catasys (CATS) is Buying Shares


Yesterday, a Director at Catasys (NASDAQ: CATS), Steve Gorlin, bought shares of CATS for $40.97K.

Following this transaction Steve Gorlin’s holding in the company was increased by 5.25% to a total of $785K.

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Based on Catasys’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.91 million and GAAP net loss of $4.22 million. In comparison, last year the company earned revenue of $1.82 million and had a GAAP net loss of $21.77 million. CATS’s market cap is $124.9M and the company has a P/E ratio of 23.09. Currently, Catasys has an average volume of 152.8K.

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Catasys, Inc. provides data analytics based specialized behavioral health management and integrated treatment services to health plans. It offers services through its platform OnTrak solution which is designed to improve member health and, at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The company was founded by Terren S. Peizer in February 2003 and is headquartered in Los Angeles, CA.

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