Outsourced housekeeping and dietary services
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HCSG Insider Sells 2,490 Shares Worth $54,000
Yahoo Finance· 2026-03-31 12:51
Company Overview - Healthcare Services Group reported a revenue of $1.84 billion and a net income of $59.06 million for the trailing twelve months (TTM) [5] - The company employs approximately 35,300 individuals and serves around 3,000 healthcare facilities across the United States [5][9] - The stock has experienced a significant one-year price change of 107.6% as of February 26, 2026 [5][4] Transaction Details - Andrew M Brophy, the Chief Accounting Officer, sold 2,490 shares in an open-market transaction valued at approximately $54,000 [1][2] - The shares sold represented 13.7% of Brophy's direct holdings, reducing his position from 18,225 to 15,735 shares [7] - The transaction occurred at a price of around $21.75 per share, with a post-transaction value of approximately $342,000 based on the market close on February 26, 2026 [2][4] Market Context - The transaction took place during a period of robust share price recovery, with the company's shares delivering a total return of 107.6% over the past year [4] - Healthcare Services Group operates a service-based business model, providing outsourced housekeeping, dietary management, and other non-clinical services to healthcare facilities [8][9] - The company's competitive advantage lies in its scale, specialized expertise, and integrated service offerings, which help clients maintain regulatory compliance and operational efficiency [9]