Stock Analysis
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- NYSE:USPH
Have Insiders Sold U.S. Physical Therapy, Inc. (NYSE:USPH) Shares Recently?
Anyone interested in U.S. Physical Therapy, Inc. (NYSE:USPH) should probably be aware that the Independent Director, Bernard Harris, recently divested US$463k worth of shares in the company, at an average price of US$92.50 each. That sale was 24% of their holding, so it does make us raise an eyebrow.
See our latest analysis for U.S. Physical Therapy
U.S. Physical Therapy Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the President, Christopher Reading, sold US$900k worth of shares at a price of US$90.01 per share. That means that an insider was selling shares at slightly below the current price (US$92.99). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was only 11% of Christopher Reading's holding.
In the last twelve months insiders purchased 3.10k shares for US$261k. On the other hand they divested 64.49k shares, for US$5.7m. Over the last year we saw more insider selling of U.S. Physical Therapy shares, than buying. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like U.S. Physical Therapy better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does U.S. Physical Therapy Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. U.S. Physical Therapy insiders own about US$23m worth of shares. That equates to 1.9% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About U.S. Physical Therapy Insiders?
Insiders haven't bought U.S. Physical Therapy stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing U.S. Physical Therapy. For example - U.S. Physical Therapy has 2 warning signs we think you should be aware of.
Of course U.S. Physical Therapy may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
What are the risks and opportunities for U.S. Physical Therapy?
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.
Rewards
Earnings are forecast to grow 13.77% per year
Risks
Significant insider selling over the past 3 months
Further research on
U.S. Physical Therapy
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:USPH
U.S. Physical Therapy
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.
Adequate balance sheet average dividend payer.
