Addus HomeCare (NASDAQ:ADUS) EVP Darby Anderson sold 883 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $43.25, for a total value of $38,189.75. Following the completion of the sale, the executive vice president now owns 28,718 shares of the company’s stock, valued at approximately $1,242,053.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Darby Anderson also recently made the following trade(s):
- On Monday, March 5th, Darby Anderson sold 526 shares of Addus HomeCare stock. The shares were sold at an average price of $34.02, for a total value of $17,894.52.
- On Thursday, March 1st, Darby Anderson sold 1,014 shares of Addus HomeCare stock. The shares were sold at an average price of $34.25, for a total value of $34,729.50.
Shares of NASDAQ:ADUS opened at $52.25 on Friday. The stock has a market capitalization of $602.48, a price-to-earnings ratio of 36.03, a PEG ratio of 1.89 and a beta of -0.42. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.90 and a current ratio of 2.90. Addus HomeCare has a 52-week low of $30.70 and a 52-week high of $53.35.
Addus HomeCare (NASDAQ:ADUS) last announced its earnings results on Monday, March 5th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. Addus HomeCare had a return on equity of 9.95% and a net margin of 3.20%. The business had revenue of $111.96 million for the quarter, compared to analysts’ expectations of $110.82 million. equities analysts anticipate that Addus HomeCare will post 1.83 EPS for the current year.
A number of equities analysts recently commented on ADUS shares. BidaskClub upgraded Addus HomeCare from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Zacks Investment Research upgraded Addus HomeCare from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 9th. Robert W. Baird set a $43.00 price objective on Addus HomeCare and gave the stock a “hold” rating in a report on Wednesday, March 14th. Finally, Stephens set a $56.00 target price on Addus HomeCare and gave the stock a “buy” rating in a research note on Monday, April 2nd. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $45.75.
Several hedge funds and other institutional investors have recently bought and sold shares of ADUS. WCM Investment Management CA raised its stake in Addus HomeCare by 34.8% during the 4th quarter. WCM Investment Management CA now owns 396,440 shares of the company’s stock valued at $13,796,000 after purchasing an additional 102,388 shares during the period. Cortina Asset Management LLC raised its stake in Addus HomeCare by 12.6% during the 3rd quarter. Cortina Asset Management LLC now owns 609,003 shares of the company’s stock valued at $21,498,000 after purchasing an additional 68,010 shares during the period. Millennium Management LLC bought a new stake in Addus HomeCare during the 4th quarter valued at approximately $1,127,000. Vanguard Group Inc. raised its stake in Addus HomeCare by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 339,297 shares of the company’s stock valued at $12,622,000 after purchasing an additional 20,858 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Addus HomeCare by 2.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 887,121 shares of the company’s stock valued at $31,316,000 after purchasing an additional 19,823 shares during the period. 59.48% of the stock is currently owned by hedge funds and other institutional investors.
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About Addus HomeCare
Addus HomeCare Corporation provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company's personal care services offer assistance with activities of daily living. Its services include assistance with bathing, grooming, oral care, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services, as well as other activities of daily living.
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