The EVP of LHC Group (LHCG) is Selling Shares


Today, the EVP of LHC Group (NASDAQ: LHCG), Joshua Proffitt, sold shares of LHCG for $793.8K.

Following Joshua Proffitt’s last LHCG Sell transaction on March 15, 2017, the stock climbed by 24.6%. In addition to Joshua Proffitt, one other LHCG executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on LHC Group’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $291 million and quarterly net profit of $5 million. In comparison, last year the company earned revenue of $247 million and had a net profit of $9.47 million. LHCG’s market cap is $1.34B and the company has a P/E ratio of 29.54. Currently, LHC Group has an average volume of 273.8K.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $81.60, reflecting a -8.0% downside. Three different firms, including Citigroup and RBC Capital, currently also have a Sell rating on the stock.

The insider sentiment on LHC Group has been negative according to 37 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

LHC Group, Inc. provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. The company operates through the following business segments: Home Health Services, Hospice Services, Community-Based Services and Facility-Based Services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts