U.S. Physical Therapy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:USPH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
24 Nov 25	SellUS$52,760	Graham Reeve	Individual	743	US$71.01
20 Nov 25	BuyUS$276,000	Kathleen Gilmartin	Individual	4,000	US$69.00
11 Sep 25	SellUS$49,026	Nancy Ham	Individual	600	US$81.71
05 Sep 25	SellUS$85,250	Eric Williams	Individual	1,000	US$85.25
04 Sep 25	SellUS$167,060	Christopher Reading	Individual	2,000	US$83.53
25 Aug 25	SellUS$60,105	Carey Hendrickson	Individual	698	US$86.11
21 Aug 25	SellUS$64,832	Graham Reeve	Individual	763	US$84.97
11 Aug 25	SellUS$155,133	Graham Reeve	Individual	1,792	US$86.57
12 Jun 25	SellUS$31,204	Nancy Ham	Individual	400	US$78.01
21 May 25	SellUS$49,431	Eric Williams	Individual	633	US$78.09
21 May 25	SellUS$41,382	Graham Reeve	Individual	530	US$78.08
07 Mar 25	SellUS$142,050	Graham Reeve	Individual	1,730	US$82.11
09 Dec 24	SellUS$49,665	Carey Hendrickson	Individual	516	US$96.25

Insider Trading Volume

Insider Buying: USPH insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of USPH?
Owner Type	Number of Shares	Ownership Percentage
State or Government	5,861	0.0338%
Private Companies	21,476	0.124%
Individual Insiders	307,982	1.78%
Institutions	17,013,391	98.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 87.69% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.3%	BlackRock, Inc.	2,177,619	US$163.4m	-2.34%	no data
8.9%	Kayne Anderson Rudnick Investment Management, LLC	1,353,357	US$101.5m	-9%	0.24%
7.04%	The Vanguard Group, Inc.	1,069,624	US$80.3m	-0.43%	no data
6.79%	Eaton Vance Management	1,032,828	US$77.5m	8.37%	0.01%
5.55%	Copeland Capital Management, LLC	843,981	US$63.3m	-5.04%	1.32%
5.36%	Virtus Investment Advisers, LLC	815,616	US$61.2m	0%	3.38%
4.3%	State Street Global Advisors, Inc.	654,535	US$49.1m	0.63%	no data
3.32%	SouthernSun Asset Management, LLC	505,222	US$37.9m	-0.52%	4.92%
3.22%	Boston Trust Walden Company	490,068	US$36.8m	-1.56%	0.26%
3.12%	Bahl & Gaynor, Inc.	474,688	US$35.6m	47.6%	0.18%
3.12%	Dimensional Fund Advisors LP	474,244	US$35.6m	6.17%	no data
2.33%	Geode Capital Management, LLC	354,140	US$26.6m	0.34%	no data
2.31%	GW&K Investment Management, LLC	350,881	US$26.3m	-16.5%	0.22%
2.27%	William Blair Investment Management, LLC	345,859	US$25.9m	0%	0.03%
2.24%	Rockefeller & Co. LLC	340,812	US$25.6m	0.67%	0.05%
2.22%	Envestnet Asset Management, Inc.	337,208	US$25.3m	-2.59%	0.01%
1.7%	American Century Investment Management Inc	258,265	US$19.4m	1,860%	0.01%
1.64%	Schroder Investment Management North America Inc.	249,635	US$18.7m	-35.2%	0.05%
1.59%	Managed Account Advisors LLC	241,718	US$18.1m	71%	no data
1.51%	Northern Trust Global Investments	229,743	US$17.2m	-2.26%	no data
1.08%	Wells Fargo & Company	164,389	US$12.3m	-6.38%	no data
1.01%	FMR LLC	153,376	US$11.5m	-7.35%	no data
0.97%	Crawford Investment Counsel, Inc.	146,752	US$11.0m	7.4%	0.18%
0.94%	Charles Schwab Investment Management, Inc.	142,681	US$10.7m	2.6%	no data
0.82%	BNY Asset Management	124,697	US$9.4m	-4.87%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/08 12:59
End of Day Share Price	2025/12/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

U.S. Physical Therapy, Inc. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Petusky	Barrington Research Associates, Inc.
Joanna Sylvia Gajuk	BofA Global Research
Joseph France	Cantor Fitzgerald & Co.