Insider Trends: Insider at HCA Healthcare Converts/Exercises Derivative Security, Sells for Taxes and Self, Buying Trend Remains Intact
10:52 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Group President - Service Line, A Bruce Moore Jr, exercised options/derivative securities for 50,000 shares. A portion of these optioned shares (22,848 shares) were sold for tax obligations and an additional 32,848 shares were sold for $5,754,746. Moore, following the transactions described in the Form 4 SEC filing, controls 382,476 company shares of which 105,778 shares are held directly and 276,698 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $68.6 million.
During the most recent 90-day period, prior to the date of this filing, there have been 19 insider transactions reported to the SEC for HCA Healthcare. These transactions came from the activities of 5 separate insiders that resulted in a net acquisition of 215,066 company shares. Relative to the preceding 90-day window of time, there were 31 transactions from 11 insiders and resulted in the net acquisition of 396,169 shares.
This level of insider transactions is below that of the peer group average in the 54-company Healthcare Facilities & Services peer group over the last 90-day period. Activity in the peer group averaged 99.8 transactions per company, and disposition of 1,032 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/860730/000120919121008346/xslF345X03/doc4.xml
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