Shares of AAC Holdings Inc. (NYSE:AAC) traded down 3.3% during mid-day trading on Tuesday . The company traded as low as $18.01 and last traded at $18.18, with a volume of 116,016 shares traded. The stock had previously closed at $18.81.

A number of analysts recently issued reports on the stock. Mizuho restated a “buy” rating and set a $26.00 price objective (up previously from $24.00) on shares of AAC Holdings in a report on Monday, July 18th. Zacks Investment Research downgraded shares of AAC Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 11th. TheStreet upgraded shares of AAC Holdings from a “sell” rating to a “hold” rating in a report on Thursday, May 5th. Finally, Avondale Partners restated a “market outperform” rating on shares of AAC Holdings in a report on Monday, April 18th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $26.00.

The firm has a 50-day moving average of $21.63 and a 200-day moving average of $20.33. The firm has a market capitalization of $410.84 million and a PE ratio of 99.18.

AAC Holdings (NYSE:AAC) last released its earnings results on Thursday, August 4th. The company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.05. During the same quarter in the previous year, the company earned $0.26 earnings per share. The firm had revenue of $71.50 million for the quarter, compared to analysts’ expectations of $67.42 million. AAC Holdings’s revenue for the quarter was up 32.9% on a year-over-year basis. Analysts expect that AAC Holdings Inc. will post $0.86 EPS for the current fiscal year.

In related news, CEO Michael T. Cartwright sold 86,481 shares of the company’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $21.54, for a total value of $1,862,800.74. Following the transaction, the chief executive officer now owns 3,224,140 shares in the company, valued at approximately $69,447,975.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Michael T. Cartwright sold 24,576 shares of the company’s stock in a transaction dated Wednesday, July 27th. The stock was sold at an average price of $23.26, for a total transaction of $571,637.76. Following the completion of the transaction, the chairman now owns 3,080,490 shares in the company, valued at approximately $71,652,197.40. The disclosure for this sale can be found here.

An institutional investor recently raised its position in AAC Holdings stock. Russell Frank Co raised its stake in shares of AAC Holdings Inc. (NYSE:AAC) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,638 shares of the company’s stock after buying an additional 8,492 shares during the period. Russell Frank Co owned approximately 0.69% of AAC Holdings worth $2,850,000 as of its most recent filing with the SEC.

AAC Holdings, Inc is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company operates through substance abuse/behavioral healthcare treatment services segment. The Company operates approximately nine residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across approximately 900 beds, which includes approximately 480 licensed detoxification beds.

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