Acadia Healthcare Co (ACHC) sees Significant Insider Selling Continuing

Tuesday, August 01, 2017 10:15 PM ET

Acadia Healthcare Co (ACHC) sees Significant Insider Selling Continuing

An insider — Reeve B Waud, Director — sold 1,240,000 shares of Acadia Healthcare Co having a market value of approximately $64,127,700 today, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 876,694 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,116,694 shares and have averaged 705,565 shares per transaction over this time period.

Acadia Healthcare Co insider trading represents a higher number of buy/sell transactions than for the 40 peer company average over the last 90-day period. The Healthcare Facilities & Services peer group saw 50 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Acadia Healthcare Co insiders was also higher. Within the peer group there were 214,041 shares purchased and 1,264,825 shares sold with company insiders having sold 21,016 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to compose and write this story.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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