Insider Makes Significant Stock Sells in AAC Holdings (AAC) Shares

Wednesday, November 08, 2017 10:15 PM ET

Insider Makes Significant Stock Sells in AAC Holdings (AAC) Shares

A SEC filing today indicated a substantial insider sale of AAC Holdings shares as — Jerrod N Menz, 10% Owner — disposed of 700,000 shares in the company having a market value of approximately $7,154,000. This is the first insider buy/sell trade in the past 90 days.

The number of insider buy/sell trades at AAC Holdings is lower than that of the 15 peer company average over the last 90-day period. The Hospitals, Clinics & Primary Care Services peer group saw 25 buy/sell trades during this period for an average of 1.7 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 30,368,464 shares sold with company insiders having sold 1,214,739 shares on average over this time period.

To bring into focus 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 in data obtained to evaluate and write this story.

Using proprietary Natural Language Generation (NLG) technology, 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.

For more information, contact UpTick at Copyright 2017 UpTick Data Technologies. All rights reserved.

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