National HealthCare (NYSE:NHC) VP Timothy Shelly Sells 2,454 Shares of Stock

by · The Markets Daily

National HealthCare Co. (NYSE:NHC – Get Free Report) VP Timothy Shelly sold 2,454 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $139.42, for a total transaction of $342,136.68. The sale was disclosed in a legal filing with the SEC, which is available through this link.

National HealthCare Price Performance

NHC stock opened at $141.67 on Friday. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 17.75 and a beta of 0.65. The firm’s 50-day moving average price is $128.94 and its two-hundred day moving average price is $115.47. The company has a current ratio of 1.80, a quick ratio of 1.77 and a debt-to-equity ratio of 0.14. National HealthCare Co. has a 12-month low of $89.14 and a 12-month high of $144.52.

Institutional Investors Weigh In On National HealthCare

Large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of National HealthCare during the third quarter valued at approximately $25,000. Wexford Capital LP purchased a new stake in shares of National HealthCare in the 3rd quarter worth about $94,000. Quarry LP boosted its stake in shares of National HealthCare by 171.9% during the 3rd quarter. Quarry LP now owns 261 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares in the last quarter. Mariner LLC increased its position in shares of National HealthCare by 11.7% during the third quarter. Mariner LLC now owns 6,780 shares of the company’s stock valued at $824,000 after buying an additional 709 shares during the period. Finally, Militia Capital Partners LP bought a new position in National HealthCare in the third quarter worth about $656,000. 56.44% of the stock is currently owned by institutional investors.

About National HealthCare

(Get Free Report)

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.

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