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Insider Trends: Select Medical Holdings Insider Extends 90-Day Selling Trend

05/11/2021 12:51

04:37 PM EDT, 05/11/2021 (MT Newswires) -- Robert G Breighner Jr, Vice President, Compliance, sold 5,040 shares of Select Medical Holdings (SEM) on May 10, 2021, for $186,833. Breighner, following the transactions detailed in the Form 4 SEC filing, owns 33,018 shares of company stock, which have a market value of $1.22 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 16 insider transactions reported to the SEC for Select Medical Holdings. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 611,478 company shares. This compares with the preceding 90-day window of time where there were 6 transactions from 1 insider and resulted in the disposition of 640,000 shares.

This is a lower level of transactions than 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 110.7 transactions per company, and disposition of 3,669 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1320414/000117911021005181/xslF345X03/edgar.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.