Timothy Shelly Sells 2,454 Shares of National HealthCare (NYSE:NHC) Stock

National HealthCare Co. (NYSE:NHC) VP Timothy Shelly sold 2,454 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $139.42, for a total transaction of $342,136.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

National HealthCare Trading Down 0.0%

National HealthCare stock opened at $141.64 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. National HealthCare Co. has a fifty-two week low of $89.14 and a fifty-two week high of $144.52. The stock has a market cap of $2.20 billion, a P/E ratio of 17.75 and a beta of 0.65. The firm’s fifty day moving average price is $129.42 and its 200-day moving average price is $115.74.

Institutional Trading of National HealthCare

Several institutional investors and hedge funds have recently modified their holdings of NHC. Nuveen LLC purchased a new stake in National HealthCare during the first quarter valued at about $2,721,000. Goldman Sachs Group Inc. raised its holdings in shares of National HealthCare by 7.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 73,772 shares of the company’s stock valued at $6,846,000 after buying an additional 4,879 shares in the last quarter. Strs Ohio bought a new stake in National HealthCare in the 1st quarter worth approximately $612,000. Y Intercept Hong Kong Ltd bought a new stake in National HealthCare in the 2nd quarter worth approximately $292,000. Finally, Institute for Wealth Management LLC. purchased a new stake in National HealthCare in the second quarter worth approximately $256,000. Hedge funds and other institutional investors own 56.44% of the company’s stock.

National HealthCare Company Profile

National HealthCare Corporation (NYSE: NHC) is a diversified provider of senior health care and related services, headquartered in Murfreesboro, Tennessee. Established in 1971, the company operates a network of post-acute and long-term care facilities, including skilled nursing centers, assisted living communities, independent living residences, and memory care units. In addition to its brick-and-mortar operations, the company offers home health, hospice, and rehabilitation services, aiming to support aging individuals at every stage of care.

The company’s skilled nursing facilities deliver 24-hour nursing services, therapy programs, and customized care plans designed to enhance patient recovery and quality of life.