Tenet Healthcare (THC) - FREE Research Report

Glenview Capital Management, Llc who is 10% Owner at Tenet Healthcare bought 1.0 million shares at $40.12 on Dec. 19, 2013. Following this transaction, the 10% Owner owned 12.9 million shares meaning that the stake was reduced by 8.39% with the 1.0 million-share transaction.

The shares most recently traded at $39.92, down $0.20, or 0.51% since the insider transaction. Historical insider transactions for Tenet Healthcare go as follows:

  • 4-Week # shares bought: 6,250
  • 12-Week # shares bought: 25,000
  • 12-Week # shares sold: 16,582
  • 24-Week # shares bought: 25,000
  • 24-Week # shares sold: 24,873

The average volume for Tenet Healthcare has been 1.9 million shares per day over the past 30 days. Tenet Healthcare has a market cap of $4.1 billion and is part of the health care sector and health services industry. Shares are up 22.73% year-to-date as of the close of trading on Thursday.

Tenet Healthcare Corporation, an investor-owned health care services company, owns and operates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, urgent care centers, and related health care facilities in the United States. Currently there are 8 analysts that rate Tenet Healthcare a buy, no analysts rate it a sell, and 5 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on THC - FREE

TheStreet Quant Ratings rates Tenet Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and revenue growth. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Tenet Healthcare Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Data for this article provided by Zacks Investment Research

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