Today it was reported that a Director at Select Medical (SEM), James Ely, exercised options to sell 9,000 SEM shares at $10.00 a share, for a total transaction value of $180K. The options were close to expired and James Ely disposed stocks.
This is Ely’s first transaction since reporting a Buy transaction on CYH back in February 2016
Based on Select Medical’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.27 billion and quarterly net profit of $31.82 million. In comparison, last year the company earned revenue of $1.1 billion and had a net profit of $17.85 million. SEM’s market cap is $2.68B and the company has a P/E ratio of 12.48. Currently, Select Medical has an average volume of 873.2K.
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Select Medical Holdings Corp. engages in the provision of medical rehabilitation services. It operates through the following segments: Specialty Hospitals, Outpatient Rehabilitation and Concentra. The Specialty Hospitals segment involves in providing long term acute care hospital services and inpatient acute rehabilitative hospital care.