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Select Medical Holdings Corporation (SEM) gets rating Downgrade from The Benchmark Company

Select Medical Holdings Corporation’s recently made public that its VICE PRESIDENT, COMPLIANCE Breighner Robert G. JR unloaded Company’s shares for reported $99531.0 on Dec 04 ’24. In the deal valued at $19.95 per share,4,989 shares were sold. As a result of this transaction, Breighner Robert G. JR now holds 30,356 shares worth roughly $0.57 million.

Then, ORTENZIO ROBERT A sold 3,804,805 shares, generating $74,383,938 in total proceeds. Upon selling the shares at $19.55, the EXECUTIVE CHAIRMAN now owns 0 shares.

Before that, TAVENNER MARILYN B sold 32,000 shares. Select Medical Holdings Corporation shares valued at $674,880 were divested by the Director at a price of $21.09 per share. As a result of the transaction, TAVENNER MARILYN B now holds 22,000 shares, worth roughly $0.41 million.

The Benchmark Company downgraded its Select Medical Holdings Corporation [SEM] rating to a Hold from a a Buy in a research note published recently. The Benchmark Company also remained covering SEM and reiterated its “Buy” recommendation on May 13, 2021. BofA Securities revised its rating on February 26, 2021. It rated SEM as “a Buy” which previously was an “an Underperform”.

Price Performance Review of SEM

On Monday, Select Medical Holdings Corporation [NYSE:SEM] saw its stock jump 2.90% to $18.80. Over the last five days, the stock has gained 2.17%. Select Medical Holdings Corporation shares have fallen nearly -0.27% since the year began. Nevertheless, the stocks have risen 31.58% over the past one year. While a 52-week high of $22.07 was reached on 01/02/25, a 52-week low of $13.84 was recorded on 01/03/25. SMA at 50 days reached $26.30, while 200 days put it at $31.73.

Levels Of Support And Resistance For SEM Stock

The 24-hour chart illustrates a support level at 18.35, which if violated will result in even more drops to 17.90. On the upside, there is a resistance level at 19.03. A further resistance level may holdings at 19.27. The Relative Strength Index (RSI) on the 14-day chart is 46.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.79%. Stochastics %K at 40.59% indicates the stock is a holding.

How much short interest is there in Select Medical Holdings Corporation?

A steep rise in short interest was recorded in Select Medical Holdings Corporation stocks on 2024-12-31, growing by 1.29 million shares to a total of 3.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.97 million shares. There was a rise of 39.66%, which implies that there is a positive sentiment for the stock.

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