Insider Selling: Acadia Healthcare Company, Inc. (ACHC) Director Sells $32,995,317.82 in Stock

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Director Reeve B. Waud sold 724,694 shares of the company’s stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $45.53, for a total transaction of $32,995,317.82. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Reeve B. Waud also recently made the following trade(s):

  • On Friday, June 9th, Reeve B. Waud sold 50,000 shares of Acadia Healthcare Company stock. The shares were sold at an average price of $45.09, for a total transaction of $2,254,500.00.

Acadia Healthcare Company, Inc. (NASDAQ ACHC) opened at 46.14 on Tuesday. The firm has a 50 day moving average of $43.98 and a 200-day moving average of $41.04. The stock has a market cap of $4.05 billion, a PE ratio of 268.26 and a beta of 1.11. Acadia Healthcare Company, Inc. has a 12-month low of $32.54 and a 12-month high of $62.48.

Acadia Healthcare Company (NASDAQ:ACHC) last released its quarterly earnings results on Tuesday, April 25th. The company reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Acadia Healthcare Company had a net margin of 0.53% and a return on equity of 8.89%. The firm had revenue of $679.20 million during the quarter, compared to the consensus estimate of $691.74 million. During the same quarter in the prior year, the firm earned $0.55 EPS. Acadia Healthcare Company’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, analysts expect that Acadia Healthcare Company, Inc. will post $2.45 earnings per share for the current year.

Insider Buying and Selling by Quarter for Acadia Healthcare Company (NASDAQ:ACHC)

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A number of hedge funds have recently added to or reduced their stakes in ACHC. Public Employees Retirement System of Ohio increased its stake in Acadia Healthcare Company by 2.3% in the first quarter. Public Employees Retirement System of Ohio now owns 73,663 shares of the company’s stock valued at $3,212,000 after buying an additional 1,689 shares during the period. Teachers Retirement System of The State of Kentucky increased its stake in Acadia Healthcare Company by 89.6% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 23,632 shares of the company’s stock valued at $1,030,000 after buying an additional 11,169 shares during the period. Aristotle Capital Management LLC acquired a new stake in Acadia Healthcare Company during the first quarter valued at approximately $140,071,000. Point72 Asset Management L.P. increased its stake in Acadia Healthcare Company by 143.4% in the first quarter. Point72 Asset Management L.P. now owns 1,085,000 shares of the company’s stock valued at $47,306,000 after buying an additional 639,300 shares during the period. Finally, Janus Capital Management LLC increased its stake in Acadia Healthcare Company by 2.5% in the first quarter. Janus Capital Management LLC now owns 1,402,200 shares of the company’s stock valued at $61,133,000 after buying an additional 34,850 shares during the period.

ACHC has been the topic of a number of research analyst reports. Deutsche Bank AG initiated coverage on shares of Acadia Healthcare Company in a research note on Wednesday, April 5th. They issued a “buy” rating and a $53.00 target price on the stock. Zacks Investment Research upgraded shares of Acadia Healthcare Company from a “sell” rating to a “hold” rating in a research note on Friday, March 24th. Leerink Swann downgraded shares of Acadia Healthcare Company from an “outperform” rating to a “market perform” rating in a research note on Monday, May 15th. Cantor Fitzgerald restated a “hold” rating and issued a $45.00 target price on shares of Acadia Healthcare Company in a research note on Friday, March 24th. Finally, Jefferies Group LLC restated a “buy” rating on shares of Acadia Healthcare Company in a research note on Friday, May 5th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $57.82.

Acadia Healthcare Company Company Profile

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:ACHC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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