AAC Holdings Inc. (NYSE:AAC) rose 1.9% on Monday . The company traded as high as $17.73 and last traded at $17.61, with a volume of 50,061 shares changing hands. The stock had previously closed at $17.29.

Several equities research analysts have commented on the stock. TheStreet raised shares of AAC Holdings from a “sell” rating to a “hold” rating in a report on Thursday, May 5th. Mizuho raised shares of AAC Holdings from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Wednesday, May 25th. Zacks Investment Research lowered shares of AAC Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 11th. Citigroup Inc. raised shares of AAC Holdings from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $27.00 to $29.00 in a report on Monday, August 15th. They noted that the move was a valuation call. Finally, Raymond James Financial Inc. raised shares of AAC Holdings from an “outperform” rating to a “strong-buy” rating and set a $29.00 price target on the stock in a report on Monday, August 15th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. AAC Holdings has a consensus rating of “Buy” and an average target price of $27.50.

The stock has a market capitalization of $422.11 million and a price-to-earnings ratio of 97.86. The firm has a 50-day moving average price of $20.91 and a 200 day moving average price of $20.26.

AAC Holdings (NYSE:AAC) last announced its quarterly earnings data 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 last year, the firm earned $0.26 EPS. The firm had revenue of $71.50 million for the quarter, compared to analyst estimates of $67.42 million. The company’s quarterly revenue was up 32.9% on a year-over-year basis. Analysts expect that AAC Holdings Inc. will post $0.86 EPS for the current year.

In other news, CEO Michael T. Cartwright sold 86,481 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now directly 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 Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Jerrod N. Menz sold 1,897 shares of the firm’s stock in a transaction on Monday, July 18th. The shares were sold at an average price of $23.05, for a total transaction of $43,725.85. Following the completion of the sale, the insider now owns 2,477,745 shares in the company, valued at $57,112,022.25. The disclosure for this sale can be found here.

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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