Insider Trading: notable purchases (6/3/22)

Buyers:

1. BODY CEO & Chairman bought 588,800 shares at $2.08 - $2.33 worth ~ $1.3 mln.
   
2. CVNA VP, Gen. Counsel & Sec. bought 14,000 shares at $31.02 - $31.12 worth ~ $440K.
   
3. CYH Director bought 50,000 shares at $5.00 - $5.12 worth ~ $250K.
   
4. DKS Director bought 5,000 shares at $80.99 worth ~ $400K.
   
5. FIBK CEO bought 15,899 shares at $37.20 - $37.50 worth ~ $590K.
   
6. GLP General Partner bought 33,194 shares at $29.38 - $30.00 worth ~ $990K.
   
7. HRT Director bought 106,642 shares at $14.14 - $14.87 worth ~ $1.6 mln.
   
8. IOVA Directors and Interim CEO bought 1,038,500 shares at $6.43 - $6.84 worth ~ $6.9 mln.
   
9. MRSN Director bought 95,519 shares at $3.17 - $3.30 worth ~ $310K.
   
10. NGM Director bought 153,806 shares at $13.10 - $13.50 worth ~ $2.1 mln.
    
11. NRDY CEO bought 300,000 shares at $2.63 - $2.90 worth ~ $840K.
    
12. RMBL 10% Owner bought 30,000 shares at $15.91 worth ~ $480K.
    
13. SCOR CEO & Exec. Vice Chairman bought 600,000 shares at $1.74 - $1.95 worth ~ $1.2 mln.

Sellers:

1. DINO CFO sold 100,000 shares at $50.25 worth ~ $5.0 mln.
   
2. FLYW Director sold 166,587 shares at $19.34 - $19.41 worth ~ $3.2 mln.
   
3. LAZ President sold 70,000 shares at $35.13 - $35.64 worth ~ $2.5 mln.
   
4. PBF 10% Owner sold 758,000 shares at $33.91 - $34.63 worth ~ $26.0 mln.
   
5. RES Director sold 1,250,000 shares at $9.07 - $10.05 worth ~ $11.9 mln.
   
6. VSTO CEO sold 150,000 shares at $37.42 - $39.08 worth ~ $5.8 mln

• https://finviz.com/screener.ashx?v=211&t=VSTO,BODY,CVNA,CYH,DKS,IOVA,LAZ,PBF,RES,FIBK,GLP,HRT,MRSN,NGM,NRDY,RMBL,SCOR,DINO,FLYW&ta=0&o=-averagevolume

                  

-=Community Health (CYH) reported earnings on Tue 27 Feb 2018 (a/h)

 Community Health beats by $0.09, misses on revs

• Reports Q4 (Dec) loss of $0.25 per share, $0.09 better than the Capital IQ Consensus of ($0.34); revenues fell 31.6% year/year to $3.06 bln vs the $3.53 bln Capital IQ Consensus.

=Community Health (CYH) reported earnings on Wed 1 Nov 2017 (a/h)

• Community Health quarterly revenue falls 16%

FRANKLIN, Tenn. (AP) _ Community Health Systems Inc. (CYH) on Wednesday reported a loss of $110 million in its third quarter.

On a per-share basis, the Franklin, Tennessee-based company said it had a loss of 98 cents. Losses, adjusted for one-time gains and costs, were 77 cents per share.

The results did not meet Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.

The operator of accute care hospitals posted revenue of $3.67 billion in the period, which also fell short of Street forecasts. Nine analysts surveyed by Zacks expected $3.72 billion.

Community Health Systems expects a full-year loss of $1.30 to $1.20 per share.

CYH — is it a buy?

• 7/24/17:  #37;  Is CYH a buy?

• No

CYH — is it a buy?

• 2 May 17:  Right after earnings. Is CYH a buy?

• Not a particularly great trade.

Community Health Systems (CYH) reported earnings on Mon 1 May 2017 (a/h)

** charts after earnings **

  

FRANKLIN, Tenn. (AP) _ Community Health Systems Inc. (CYH) on Monday reported a first-quarter loss of $199 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Franklin, Tennessee-based company said it had a loss of $1.79. Earnings, adjusted for one-time gains and costs, came to 8 cents per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The operator of accute care hospitals posted revenue of $4.49 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $4.34 billion.

Community Health Systems expects full-year revenue in the range of $15.8 billion to $16.2 billion.

Community Health Systems shares have climbed 54 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.62, a fall of 55 percent in the last 12 months.

Community Health (CYH) reported earnings on Tue 21 Feb 2017(b/o)

** charts before earnings **

  

** charts after earnings **

Community Health beats by $0.27, beats on revs; sees FY17 EPS in-line with consensus :

• Reports Q4 (Dec) earnings of $0.46 per share, $0.27 better than the Capital IQ Consensus of $0.19; revenues fell 6.9% year/year to $4.47 bln vs the $4.39 bln Capital IQ Consensus.
  • Cash flow from operations was $327 million, compared with $306 million for the same period in 2015, representing a 6.9% increase.
  • On a same-store basis, both admissions and adjusted admissions decreased 1.4%, compared with the same period in 2015.
• FY17 guidance
  • Co issues guidance for FY17 (Dec), sees EPS of $0.30-1.10 vs. $0.61 Capital IQ Consensus Estimate; sees FY17 (Dec) revs of $15.8-16.2 bln, may not be comparable to $17.04 bln Capital IQ Consensus Estimate.
  • Capital expenditures are projected to $625-775 mln
  • Net cash provided by operating activities, excluding cash flows related to the CVR and settlement of legal contingencies, is projected to be: $1.05-1.23 bln

Community Health (CYH) reported earnings on Tue 2 Aug 2016 (a/h)

** charts before earnings **

 

** charts after earnings **

• A month later:

Community Health misses by $0.47, beats on revs :

• Reports Q2 (Jun) earnings of $0.09 per share, excluding $12.99/share net in items, $0.47 worse than the Capital IQ Consensus of $0.56; revenues fell 6.0% year/year to $4.59 bln vs the $4.53 bln Capital IQ Consensus. 
• The consolidated operating results for the three months ended June 30, 2016, reflect a 9.1 percent decrease in total admissions, and an 8.5 percent decrease in total adjusted admissions, compared with the same period in 2015. On a same-store basis, admissions decreased 2.1 percent and adjusted admissions decreased 0.6 percent during the three months ended June 30, 2016, compared with the same period in 2015. On a same-store basis, net operating revenues increased 1.2 percent during the three months ended June 30, 2016, compared with the same period in 2015.

Long trade : CYH +25% (6/16)

Long trade : CYH (2/15)