Eric Chin Acquires 2,040 Shares of Apollo Medical Holdings Inc (NASDAQ:AMEH) Stock

Apollo Medical Holdings Inc (NASDAQ:AMEH) CFO Eric Chin acquired 2,040 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The stock was bought at an average cost of $14.72 per share, for a total transaction of $30,028.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Apollo Medical stock opened at $16.11 on Friday. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $576.22 million, a P/E ratio of 70.04, a P/E/G ratio of 4.74 and a beta of -0.74. Apollo Medical Holdings Inc has a one year low of $13.36 and a one year high of $30.00.

Apollo Medical (NASDAQ:AMEH) last posted its quarterly earnings data on Monday, March 18th. The company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.20). Apollo Medical had a return on equity of 4.87% and a net margin of 1.79%. The company had revenue of $105.46 million during the quarter. Equities analysts predict that Apollo Medical Holdings Inc will post 0.34 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its stake in Apollo Medical by 3.7% in the first quarter. BlackRock Inc. now owns 366,358 shares of the company’s stock valued at $6,711,000 after buying an additional 13,140 shares during the period. Geode Capital Management LLC lifted its stake in Apollo Medical by 3.3% in the first quarter. Geode Capital Management LLC now owns 189,445 shares of the company’s stock valued at $3,470,000 after buying an additional 6,000 shares during the period. Northern Trust Corp lifted its stake in Apollo Medical by 5.9% in the first quarter. Northern Trust Corp now owns 118,464 shares of the company’s stock valued at $2,171,000 after buying an additional 6,581 shares during the period. Manchester Financial Inc. lifted its stake in Apollo Medical by 18.5% in the first quarter. Manchester Financial Inc. now owns 92,621 shares of the company’s stock valued at $1,697,000 after buying an additional 14,453 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Apollo Medical by 63.4% in the fourth quarter. Bank of New York Mellon Corp now owns 59,862 shares of the company’s stock valued at $1,188,000 after buying an additional 23,217 shares during the period. 6.67% of the stock is currently owned by hedge funds and other institutional investors.

AMEH has been the topic of a number of recent analyst reports. ValuEngine raised Apollo Medical from a “hold” rating to a “buy” rating in a research note on Friday, March 15th. TheStreet lowered Apollo Medical from a “c-” rating to a “d” rating in a research note on Thursday. Finally, Zacks Investment Research raised Apollo Medical from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 28th.

COPYRIGHT VIOLATION WARNING: “Eric Chin Acquires 2,040 Shares of Apollo Medical Holdings Inc (NASDAQ:AMEH) Stock” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.com-unik.info/2019/06/16/eric-chin-acquires-2040-shares-of-apollo-medical-holdings-inc-nasdaqameh-stock.html.

Apollo Medical Company Profile

Apollo Medical Holdings, Inc, a physician-centric integrated population health management company, provides medical care services. The company offers care coordination services to principal constituents of the healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans.

Read More: What is an SEC Filing?

Insider Buying and Selling by Quarter for Apollo Medical (NASDAQ:AMEH)

Receive News & Ratings for Apollo Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Medical and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit