Significant Insider Sales Reported in Shares of US Physical Therapy (USPH) Extending the Trend of Last Quarter

Thursday, November 09, 2017 10:15 PM ET

Significant Insider Sales Reported in Shares of US Physical Therapy (USPH) Extending the Trend of Last Quarter

There was a notable level of insider selling reported today in filings with the SEC for US Physical Therapy. Two insiders — Lawrance W McAfee, Director and Officer, and Christopher J Reading, Director and Officer — disposed of 20,200 shares in the company for approximately $1,342,924. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 19,661 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 39,861 shares and have averaged 7,972 shares per transaction over this time period.

The number of insider buy/sell trades at US Physical Therapy is higher than that of the 15 peer company average over the last 90-day period. The Hospitals, Clinics & Primary Care Services peer group saw 26 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by US Physical Therapy insiders is lower than its peers. Within the peer group there were 0 shares purchased and 31,068,464 shares sold with company insiders disposing of 1,194,941 shares on average over this time period.

The data obtained in creating and writing in this story eliminates 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.

Today’s Insider Activity
* Lawrance W McAfee, Director and Officer, sold 5,200 shares
* Christopher J Reading, Director and Officer, sold 15,000 shares

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 info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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