Sonida Senior Living, Inc. (NYSE:SNDA – Get Free Report) Director Michael Simanovsky sold 15,086 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $40.94, for a total transaction of $617,620.84. Following the completion of the sale, the director owned 239,361 shares of the company’s stock, valued at approximately $9,799,439.34. The trade was a 5.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Michael Simanovsky also recently made the following trade(s):
- On Thursday, August 27th, Michael Simanovsky sold 15,000 shares of Sonida Senior Living stock. The stock was sold at an average price of $39.00, for a total transaction of $585,000.00.
- On Tuesday, August 25th, Michael Simanovsky sold 115,000 shares of Sonida Senior Living stock. The stock was sold at an average price of $40.71, for a total value of $4,681,650.00.
Sonida Senior Living Price Performance
SNDA stock opened at $37.53 on Friday. Sonida Senior Living, Inc. has a 1 year low of $24.94 and a 1 year high of $44.38. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of -6.06 and a beta of 0.80. The firm has a 50 day moving average of $40.08.
Institutional Investors Weigh In On Sonida Senior Living
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Compass Financial Management LLC acquired a new position in shares of Sonida Senior Living in the 2nd quarter valued at $27,000. Family Wealth Partners LLC increased its position in shares of Sonida Senior Living by 7.6% during the 2nd quarter. Family Wealth Partners LLC now owns 11,247 shares of the company’s stock worth $459,000 after purchasing an additional 793 shares during the last quarter. FNY Investment Advisers LLC raised its holdings in Sonida Senior Living by 28.6% in the 2nd quarter. FNY Investment Advisers LLC now owns 4,500 shares of the company’s stock valued at $183,000 after buying an additional 1,000 shares during the period. Allworth Financial LP purchased a new stake in Sonida Senior Living in the 2nd quarter valued at about $43,000. Finally, First Bancorp Inc ME acquired a new position in Sonida Senior Living in the second quarter valued at about $50,000. Hedge funds and other institutional investors own 87.55% of the company’s stock.
Analyst Ratings Changes
SNDA has been the topic of several analyst reports. Wall Street Zen upgraded Sonida Senior Living from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Royal Bank Of Canada upped their price objective on shares of Sonida Senior Living from $45.00 to $48.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Morgan Stanley lifted their target price on shares of Sonida Senior Living from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Weiss Ratings upgraded shares of Sonida Senior Living from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, July 29th. Finally, Compass Point began coverage on shares of Sonida Senior Living in a research note on Tuesday, August 11th. They issued a “buy” rating and a $65.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.50.
View Our Latest Research Report on Sonida Senior Living
Sonida Senior Living Company Profile
Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.
Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.
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