HCSG Insider Sells 2,490 Shares Worth $54,000

1 hour ago 3

Sarah Sidlow, The Motley Fool

Tue, March 31, 2026 astatine 7:51 AM CDT 4 min read

Andrew M Brophy, SVP & Chief Accounting Officer of Healthcare Services Group (NASDAQ:HCSG), reported the merchantability of 2,490 shares successful an open-market transaction connected Feb. 26, valued astatine astir $54,000, arsenic disclosed successful a SEC Form 4 filing.

Metric

Value

Shares sold (direct)

2,490

Shares withheld (direct)

239

Transaction value

~$54,000

Post-transaction shares (direct)

15,735

Post-transaction worth (direct ownership)

~$342,000

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($21.75); post-transaction worth based connected Feb. 26, 2026 marketplace adjacent ($21.76). Post-transaction shares are unvested restricted banal units.

  • What proportionality of Andrew M Brophy’s holdings did the transaction represent?
    The 2,490 shares sold accounted for 13.7% of his nonstop holdings astatine the time, reducing his presumption from 18,225 to 15,735 shares.

  • Were immoderate indirect oregon derivative holdings progressive successful this transaction?
    No, each shares traded successful this filing were straight owned; determination were nary transactions involving indirect entities oregon banal options.

  • What marketplace discourse surrounded the sale?
    This transaction occurred arsenic Healthcare Services Group shares delivered a 107.6% one-year full instrumentality arsenic of Feb. 26, 2026, with the shares priced astatine astir $21.75 per stock during the sale, reflecting some idiosyncratic liquidity absorption and a robust stock terms recovery.

Metric

Value

Revenue (TTM)

$1.84 billion

Net income (TTM)

$59.06 million

Employees

35,300

1-year terms change

107.6%

1-year terms alteration calculated utilizing Feb. 26, 2026 arsenic the notation date.

  • Provides housekeeping, laundry, linen, installation maintenance, and dietary absorption services to healthcare facilities, including nursing homes, status complexes, rehabilitation centers, and hospitals.

  • Operates a service-based concern model, generating gross done absorption and operational contracts with healthcare institutions crossed the United States.

  • Primary customers are semipermanent attraction and elder surviving facilities seeking outsourced solutions for non-clinical operations.

Healthcare Services Group is simply a starring supplier of outsourced housekeeping and dietary services to the healthcare sector, serving astir 3,000 facilities nationwide. The institution leverages its standard and specialized expertise to assistance clients support regulatory compliance and operational ratio successful non-clinical departments. Its competitory vantage lies successful its integrated work offerings and heavy acquisition successful the healthcare installation market.

While monitoring the moves of institution insiders tin beryllium a adjuvant exercise, it’s besides important to retrieve that radical whitethorn merchantability shares for each sorts of reasons, and those income don’t needfully bespeak thing astir a person’s condemnation successful the institution oregon its banal performance.

Read Entire Article