An Insider at Catasys (CATS) is Selling Shares


Today, an Insider at Catasys (CATS), David E. Smith, sold shares of CATS for $778.7K.

Over the last month, David E. Smith has reported another 5 Sell trades on CATS for a total of $6.46M.

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Based on Catasys’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $6.81 million and GAAP net loss of $2.92 million. In comparison, last year the company earned revenue of $1.91 million and had a GAAP net loss of $4.22 million. Currently, Catasys has an average volume of 49.29K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $22.00, reflecting a 19.0% upside.

The insider sentiment on Catasys has been negative according to 14 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

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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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