Breighner Robert JR Sells Shares of SEM
Senior Vice President Breighner Robert JR offloads 16,334 shares of SEM.
Key Points
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Breighner Robert JR, Senior Vice President at SEM, sold 16,334 shares on June 30, 2026. This insider transaction was not part of a planned selling program. Shares of SEM traded near $16.51 on Wednesday.
Insider Buying and Selling at SEM
Several insiders at SEM also adjusted their holdings on June 30, 2026. Marilyn Tavenner sold 36,035 shares at $16.5 each. John Saich, the President, offloaded 736,412 shares, though the price was not specified. James Ely III sold 161,674 shares at $16.5, while John Duggan, Executive Vice President, sold 194,710 shares. Vice Chairman David Chernow sold 656,823 shares at $16.5, and Christopher Weigl, another Senior Vice President, sold 40,000 shares.
Other Institutional Activity in SEM
BlackRock, Inc. reduced its holdings in SEM by 1,440,407 shares, ending with 17,263,327 shares valued at approximately $281.2 million, a 7.7% decrease. Vanguard Portfolio Management LLC opened a new position with 6,723,557 shares worth about $109.5 million. Dimensional Fund Advisors LP increased its holdings by 202,736 shares to a total of 5,536,331 shares, valued at $90.2 million, a 3.8% increase. FIL Ltd and Vanguard Capital Management LLC both initiated new positions, with FIL holding 4,960,732 shares valued at $80.8 million and Vanguard Capital holding 4,819,685 shares worth $78.5 million. State Street Corp trimmed its stake by 77,235 shares, ending with 4,319,877 shares valued at approximately $70.4 million, a 1.8% decrease.
Analysts Set New Price Targets
On May 13, 2026, Mizuho downgraded SEM to a 'hold' rating with a price target of $16.5. Earlier, on March 3, 2026, RBC Capital also downgraded the stock to 'hold' with the same price target. Despite these downgrades, RBC Capital had previously maintained a 'buy' rating with a higher target of $19.0 on February 23, 2026. The analyst consensus suggests a cautious outlook with a focus on maintaining positions rather than aggressive buying.
Bottom Line
Breighner Robert JR's recent sale of SEM shares highlights insider activity amidst broader institutional and analyst movements. With shares trading around $16.51, investors are watching how these insider and institutional changes might influence SEM's market performance. Analyst downgrades to 'hold' suggest a wait-and-see approach as the company navigates its current market environment.
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