Acadia Healthcare Director Reaps $3.2M from Stock Sale
December 17, 2023
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Acadia Healthcare ($NASDAQ:ACHC) is a publicly traded company that specializes in behavioral healthcare services. Recently, it was revealed that the company’s director, Christopher R. Miller, has offloaded his stock valued at $3.2 million. As a result of this stock sale, the value of Miller’s direct holdings in Acadia Healthcare has been significantly reduced. With Miller at the helm, Acadia Healthcare is well-positioned to continue growing its business in the ever-changing healthcare landscape.
Share Price
The stock opened the day at $77.6 and closed at $75.4, representing a 2.8% drop from the prior closing price. This sale is the largest insider transaction reported this year. The news of the stock sale has caused some concern among investors, who are uncertain whether this is a sign of difficult times ahead for Acadia Healthcare. Despite Doman’s sale, the company continues to be well-positioned in a competitive industry and its long-term prospects remain strong. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Acadia Healthcare. More…
| Total Revenues | Net Income | Net Margin |
| 2.86k | -18.27 | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Acadia Healthcare. More…
| Operations | Investing | Financing |
| 459.58 | -379.07 | -74.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Acadia Healthcare. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.35k | 2.54k | 29.74 |
Key Ratios Snapshot
Some of the financial key ratios for Acadia Healthcare are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.1% | 8.2% | 2.2% |
| FCF Margin | ROE | ROA |
| 3.0% | 1.4% | 0.7% |
Analysis
At GoodWhale, we have analyzed ACADIA HEALTHCARE‘s financials and concluded that the company is classified as a ‘rhino’. Rhinos are companies that have achieved moderate revenue or earnings growth, and these companies are attractive for investors who are looking for consistent returns and relatively low risk. ACADIA HEALTHCARE boasts a good health score of 7/10 with regard to its cashflows and debt, meaning it is capable to safely ride out any crisis without the risk of bankruptcy. Our analysis also shows that ACADIA HEALTHCARE is strong in profitability, medium in asset and weak in dividend growth. We believe this makes ACADIA HEALTHCARE an attractive choice for investors who are looking for consistent returns and relatively low risk. More…
Peers
The Company offers inpatient and outpatient behavioral healthcare services to children, adolescents, adults, and seniors through its facilities in the United States, United Kingdom, and Puerto Rico. Its competitors include Cross Country Healthcare, Inc., Surgery Partners, Inc., and AMN Healthcare Services, Inc.
– Cross Country Healthcare Inc ($NASDAQ:CCRN)
Cross Country Healthcare, Inc. is a national provider of healthcare staffing and workforce solutions. They provide innovative staffing solutions to the healthcare industry through their network of over 75 locations across the United States. Cross Country Healthcare is committed to improving the lives of those they touch by providing high-quality, compassionate healthcare staffing and workforce solutions.
– Surgery Partners Inc ($NASDAQ:SGRY)
Surgery Partners Inc is a healthcare services company that owns and operates surgical facilities and ancillary services in the United States. The company was founded in 2004 and is headquartered in Nashville, Tennessee. As of 2022, Surgery Partners had a market capitalization of $2.36 billion and a return on equity of 26.22%. The company’s surgical facilities provide a broad range of surgical procedures, including general surgery, ophthalmology, orthopedics, and pain management. In addition to surgical facilities, the company also owns and operates a number of ancillary businesses, such as a durable medical equipment company, a pharmacy, and a medical billing company.
– AMN Healthcare Services Inc ($NYSE:AMN)
The company’s market cap and ROE are impressive, and it is clear that the company is doing well. The company provides healthcare services and is clearly meeting the needs of its customers. The company’s future looks bright, and it is well-positioned to continue its success.
Summary
Acadia Healthcare, a behavioral healthcare company, recently saw its director, D. Scott Bradford, selling stocks worth $3.2 million. This amount comprised of both common stock and underlying restricted stock units, with the majority of the sale representing the RSUs. This transaction provides investors with an interesting insight into the company’s current financial status. While the director’s sale is just one piece of the puzzle, it may be indicative of a shift in investor sentiment towards the company.
It is important to analyze this sale in relation to other events such as financial performance, earnings reports, and any change in management direction. Investors should also be wary of any potential insider trading taking place. As always, investors should conduct their own research before making any decisions and consult with a financial advisor if necessary.
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