Chemed’s CEO Cashes Out: A Major Stock Sale Unveiled!

Chemed’s CEO Cashes Out: A Major Stock Sale Unveiled!

New insider activity at Chemed ( (CHE) ) has taken place on April 2, 2025.

President & CEO Kevin J. McNamara has recently sold 1,000 shares of Chemed stock, amounting to a total transaction value of $615,330.

Recent Updates on CHE stock

RBC Capital raised its price target on Chemed to $667 from $633, maintaining an Outperform rating following the company’s strong Q4 earnings report. The decision was influenced by Chemed’s positive outlook for its VITAS segment, which is expected to see momentum continue into 2025 with projected growth of 8.5%-9.0%. Additionally, the Roto-Rooter division is showing signs of normalization after previous revenue declines, with expectations for modest commercial demand recovery leading to low-single-digit growth. These factors contributed to the revised price target.

More about Chemed

YTD Price Performance: 16.25%

Average Trading Volume: 107,695

Technical Sentiment Signal: Strong Sell

Current Market Cap: $9.01B

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