What Did This CEO Just Do with Personal Shares of Chemed Corporation (CHE)?


Today, the President & CEO of Chemed Corporation (CHE), Kevin J. McNamara, sold shares of CHE for $2.16M.

Following Kevin J. McNamara’s last CHE Sell transaction on June 20, 2018, the stock climbed by 113.5%. In addition to Kevin J. McNamara, 6 other CHE executives reported Sell trades in the last month.

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Based on Chemed Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $474 million and quarterly net profit of $50.73 million. In comparison, last year the company earned revenue of $442 million and had a net profit of $54.97 million. The company has a one-year high of $441.48 and a one-year low of $260.03. CHE’s market cap is $6.9B and the company has a P/E ratio of 35.82.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy CHE with a $440 price target.

In the last 30 days, insiders have sold $6.43M worth of CHE shares and purchased $206.4K worth of CHE shares. The insider sentiment on Chemed Corporation has been negative according to 50 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Chemed Corp. engages in the provision of healthcare and maintenance services. It operates through VITAS and Roto-Rooter segments. The VITAS segment offers hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers.

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