Apollo Medical Holdings Inc (NASDAQ:AMEH) CEO Buys $86,400.00 in Stock

Apollo Medical Holdings Inc (NASDAQ:AMEH) CEO Thomas S. Lam bought 5,000 shares of the company’s stock in a transaction on Monday, September 14th. The stock was bought at an average cost of $17.28 per share, with a total value of $86,400.00. Following the completion of the purchase, the chief executive officer now owns 626,034 shares of the company’s stock, valued at approximately $10,817,867.52. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Apollo Medical stock traded up $0.49 during midday trading on Wednesday, reaching $17.65. The stock had a trading volume of 430 shares, compared to its average volume of 146,209. The stock has a market capitalization of $917.76 million, a P/E ratio of 27.66, a price-to-earnings-growth ratio of 4.40 and a beta of 0.46. The firm’s fifty day simple moving average is $17.71 and its 200-day simple moving average is $16.03. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.50 and a current ratio of 2.50. Apollo Medical Holdings Inc has a 1-year low of $9.27 and a 1-year high of $23.26.

Apollo Medical (NASDAQ:AMEH) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.12. Apollo Medical had a net margin of 3.24% and a return on equity of 11.69%. The company had revenue of $165.17 million during the quarter. On average, sell-side analysts anticipate that Apollo Medical Holdings Inc will post 0.78 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA increased its stake in Apollo Medical by 159.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,557 shares of the company’s stock valued at $33,000 after buying an additional 1,573 shares during the last quarter. American International Group Inc. boosted its stake in shares of Apollo Medical by 29.9% during the 1st quarter. American International Group Inc. now owns 5,006 shares of the company’s stock worth $65,000 after buying an additional 1,152 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of Apollo Medical by 17.4% in the 1st quarter. Victory Capital Management Inc. now owns 6,122 shares of the company’s stock valued at $79,000 after acquiring an additional 909 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of Apollo Medical by 97.7% in the second quarter. New York State Common Retirement Fund now owns 12,549 shares of the company’s stock valued at $207,000 after acquiring an additional 6,200 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Apollo Medical during the second quarter worth about $217,000. 7.84% of the stock is owned by institutional investors and hedge funds.

AMEH has been the subject of a number of recent analyst reports. Zacks Investment Research cut Apollo Medical from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th. ValuEngine lowered Apollo Medical from a “buy” rating to a “hold” rating in a research report on Thursday, May 21st. BidaskClub cut Apollo Medical from a “strong-buy” rating to a “buy” rating in a report on Monday, June 8th. Finally, TheStreet raised Apollo Medical from a “d+” rating to a “c-” rating in a research note on Tuesday, May 19th.

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.

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

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