The Chief Development Officer of Surgical Care Affiliates Inc (NASDAQ: SCAI) is Selling Shares

Today, the Chief Development Officer of Surgical Care Affiliates Inc (NASDAQ: SCAI), Joseph Clark, sold shares of SCAI for $1.54M.

In addition to Joseph Clark, 3 other SCAI executives reported Sell trades in the last month. Following Clark’s last SCAI Sell transaction on June 08, 2015, the stock climbed by 0.8%.

Based on Surgical Care`s latest earnings report from June 30, the company posted quarterly revenue of $253.7M and quarterly net profit of $4.56M. In comparison, last year the company earned revenue of $212.4M and had a net profit of $6.03M. The company has a one year high of $40.99 and a one year low of $26.55. SCAI’s market cap is $1.52B and the company has a P/E ratio of 76.8%.

Looking at blogger coverage of SCAI, there is a 100% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Healthcare sector.

Over the last 3 months, the insider sentiment on Surgical Care has been negative based on 51 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Surgical Care Affiliates Inc provides solutions to physicians, health systems & payors to optimize surgical care. It operates a network of outpatient surgery facilities including 179 ambulatory surgery centres, six surgical hospitals & one sleep centre.