Apollo Medical Holdings Inc (NASDAQ:AMEH) Major Shareholder Physicians Of Californi Allied Buys 18,539 Shares of Stock

Apollo Medical Holdings Inc (NASDAQ:AMEH) major shareholder Physicians Of Californi Allied acquired 18,539 shares of Apollo Medical stock in a transaction dated Wednesday, December 4th. The shares were acquired at an average price of $18.36 per share, with a total value of $340,376.04. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Physicians Of Californi Allied also recently made the following trade(s):

  • On Monday, December 2nd, Physicians Of Californi Allied bought 25,102 shares of Apollo Medical stock. The shares were bought at an average price of $18.55 per share, for a total transaction of $465,642.10.
  • On Wednesday, November 27th, Physicians Of Californi Allied bought 2,500 shares of Apollo Medical stock. The shares were bought at an average price of $18.27 per share, for a total transaction of $45,675.00.
  • On Monday, November 25th, Physicians Of Californi Allied purchased 33,000 shares of Apollo Medical stock. The shares were bought at an average cost of $17.95 per share, with a total value of $592,350.00.
  • On Friday, November 22nd, Physicians Of Californi Allied purchased 25,000 shares of Apollo Medical stock. The stock was bought at an average price of $16.86 per share, with a total value of $421,500.00.
  • On Wednesday, November 20th, Physicians Of Californi Allied purchased 12,100 shares of Apollo Medical stock. The stock was bought at an average price of $17.77 per share, with a total value of $215,017.00.

Shares of AMEH traded up $0.35 during midday trading on Friday, reaching $18.93. The stock had a trading volume of 89,652 shares, compared to its average volume of 107,931. The firm has a 50 day simple moving average of $16.02 and a 200-day simple moving average of $16.67. Apollo Medical Holdings Inc has a one year low of $13.02 and a one year high of $23.26. The firm has a market cap of $648.31 million, a PE ratio of 65.28, a P/E/G ratio of 9.14 and a beta of -0.88. The company has a current ratio of 3.05, a quick ratio of 3.05 and a debt-to-equity ratio of 1.28.

AMEH has been the topic of several recent analyst reports. Zacks Investment Research upgraded Apollo Medical from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Tuesday, October 8th. ValuEngine downgraded Apollo Medical from a “buy” rating to a “hold” rating in a report on Wednesday.

Institutional investors have recently added to or reduced their stakes in the company. Strs Ohio raised its holdings in shares of Apollo Medical by 7.7% in the 2nd quarter. Strs Ohio now owns 15,400 shares of the company’s stock valued at $257,000 after purchasing an additional 1,100 shares during the period. Wells Fargo & Company MN lifted its position in shares of Apollo Medical by 23.4% in the second quarter. Wells Fargo & Company MN now owns 32,722 shares of the company’s stock valued at $547,000 after buying an additional 6,215 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Apollo Medical by 113.7% in the second quarter. JPMorgan Chase & Co. now owns 1,733 shares of the company’s stock valued at $28,000 after buying an additional 922 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Apollo Medical by 52.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 19,822 shares of the company’s stock valued at $332,000 after buying an additional 6,816 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Apollo Medical by 2.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 61,347 shares of the company’s stock worth $1,025,000 after acquiring an additional 1,205 shares during the period. Institutional investors own 15.96% of the company’s stock.

About Apollo Medical

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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