Insider Selling at Acadia Healthcare Co (ACHC) is Significant

Tuesday, March 06, 2018 10:15 PM ET

Insider Selling at Acadia Healthcare Co (ACHC) is Significant

A filing with the SEC today disclosed a significant insider sale of Acadia Healthcare Co shares as — Reeve B Waud, Director — sold 200,000 shares in the company having a market value of approximately $7,804,331. This is the first insider buy/sell trade in the past 90 days.

Acadia Healthcare Co level of buy-sell trading activity is close to the 45 member peer company average. The Healthcare Facilities & Services peer group saw 32 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares per buy/sell trade transacted by Acadia Healthcare Co insiders is higher. Within the peer group there were 2,260,359 shares purchased and 698,872 shares sold with company insiders having bought 82,184 shares on average.

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 used to compose 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 2018 UpTick Data Technologies. All rights reserved.

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