Addus HomeCare Corporation (NASDAQ:ADUS) insider James Zoccoli sold 689 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $35.65, for a total value of $24,562.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Addus HomeCare Corporation (NASDAQ ADUS) opened at 34.55 on Friday. The stock has a market capitalization of $396.29 million, a P/E ratio of 24.66 and a beta of 0.21. The stock has a 50 day moving average price of $34.45 and a 200 day moving average price of $35.43. Addus HomeCare Corporation has a 52 week low of $24.40 and a 52 week high of $40.75.

Addus HomeCare Corporation (NASDAQ:ADUS) last released its earnings results on Monday, August 7th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.01. Addus HomeCare Corporation had a net margin of 3.94% and a return on equity of 10.47%. The firm had revenue of $103.60 million during the quarter, compared to analyst estimates of $104.39 million. During the same period last year, the business earned $0.31 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. On average, equities research analysts expect that Addus HomeCare Corporation will post $1.60 EPS for the current year.

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Several hedge funds have recently added to or reduced their stakes in the company. Eqis Capital Management Inc. purchased a new position in shares of Addus HomeCare Corporation during the third quarter valued at approximately $218,000. Mesirow Financial Investment Management Inc. purchased a new position in Addus HomeCare Corporation in the 2nd quarter worth approximately $359,000. The Manufacturers Life Insurance Company raised its holdings in Addus HomeCare Corporation by 8.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,614 shares of the company’s stock worth $246,000 after acquiring an additional 517 shares during the last quarter. State Street Corp raised its holdings in Addus HomeCare Corporation by 12.7% in the 2nd quarter. State Street Corp now owns 122,306 shares of the company’s stock worth $4,549,000 after acquiring an additional 13,788 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. raised its holdings in Addus HomeCare Corporation by 16.3% in the 2nd quarter. Punch & Associates Investment Management Inc. now owns 164,800 shares of the company’s stock worth $6,131,000 after acquiring an additional 23,054 shares during the last quarter. Hedge funds and other institutional investors own 93.18% of the company’s stock.

A number of research firms recently weighed in on ADUS. Zacks Investment Research downgraded Addus HomeCare Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub downgraded Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. ValuEngine raised Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $45.00 price target on shares of Addus HomeCare Corporation in a research note on Tuesday, September 19th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $40.00 price target on shares of Addus HomeCare Corporation in a research note on Thursday, August 24th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $41.33.

About Addus HomeCare Corporation

Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.

Insider Buying and Selling by Quarter for Addus HomeCare Corporation (NASDAQ:ADUS)

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