AAC Holdings Inc. (NYSE:AAC) traded up 7.3% on Monday . The stock traded as high as $21.45 and last traded at $18.61, with a volume of 456,850 shares. The stock had previously closed at $17.35.

Several equities research analysts recently weighed in on the stock. Raymond James Financial Inc. raised shares of AAC Holdings from an “outperform” rating to a “strong-buy” rating and set a $29.00 target price on the stock in a research note on Monday. Citigroup Inc. upgraded shares of AAC Holdings from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $27.00 to $29.00 in a report on Monday. They noted that the move was a valuation call. Mizuho reiterated a “buy” rating and set a $26.00 price target (up previously from $24.00) on shares of AAC Holdings in a report on Monday, July 18th. Zacks Investment Research cut shares of AAC Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 11th. Finally, TheStreet upgraded shares of AAC Holdings from a “sell” rating to a “hold” rating in a report on Thursday, May 5th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $27.50.

The stock’s 50-day moving average is $21.28 and its 200 day moving average is $20.31. The company has a market capitalization of $433.25 million and a price-to-earnings ratio of 100.44.

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

In other AAC Holdings news, Director Darrell S. Freeman purchased 2,500 shares of the business’s stock in a transaction that occurred on Friday, August 12th. The shares were purchased at an average price of $17.45 per share, for a total transaction of $43,625.00. Following the completion of the acquisition, the director now owns 113,660 shares of the company’s stock, valued at approximately $1,983,367. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Jerrod N. Menz sold 59,300 shares of the firm’s stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $21.68, for a total transaction of $1,285,624.00. Following the completion of the transaction, the insider now owns 2,537,045 shares in the company, valued at approximately $55,003,135.60. The disclosure for this sale can be found here.

A hedge fund recently raised its stake 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 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,638 shares of the company’s stock after buying an additional 8,492 shares during the period. Russell Frank Co owned 0.69% of AAC Holdings worth $2,850,000 as of its most recent SEC filing.

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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