New insider activity at Surgery Partners ( (SGRY) ) has taken place on February 11, 2025.
Recent transactions in Surgery Partners stock have caught attention as key executives made significant sales. Jason Eric Evans, the President of Hospital Operations, sold 26,520 shares, totaling a value of $680,238. Meanwhile, Jennifer Baldock, the Chief Administrative and Development Officer, sold 5,681 shares for $146,740.
Recent Updates on SGRY stock
Surgery Partners has been at the center of significant market activity following a non-binding buyout proposal from Bain Capital to acquire the remaining 61% of shares it does not own for $25.75 per share. This proposal has led to a 19% increase in the company’s stock price, now trading at $25.19. The offer suggests a potential floor for the stock’s valuation, causing some analysts to adjust their ratings and price targets. The uncertainty surrounding the completion of the transaction, given its dependency on shareholder approval and the review by a special committee of independent directors, has led to changes in the stock’s price targets. Analysts have adjusted their assessments, reflecting the potential impact of the buyout offer on the stock’s future trading behavior.
More about Surgery Partners
YTD Price Performance: 21.18%
Average Trading Volume: 1,493,229
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.28B