Parvinderjit Khanuja Sells Shares of SEM on June 30
Parvinderjit Khanuja sold 79,124 shares of SEM valued at $1.31 million.
Key Points
- Parvinderjit Khanuja sold 79,124 shares of SEM on June 30, totaling $1.31 million at an average price of $16.50 per share.
- SEM shares traded at $16.51 on Wednesday with notable institutional activity including BlackRock's reduction by 1.44 million shares.
- Analysts from Mizuho and RBC Capital recently downgraded SEM, setting a price target of $16.50.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Parvinderjit Khanuja sold 79,124 shares of SEM on June 30, 2026. The transaction, not part of a pre-planned trading program, was valued at about $1.31 million, with shares sold at an average price of $16.50.
Other Institutional Activity in SEM
Institutional investors have been adjusting their positions in SEM. BlackRock, Inc. reduced its holdings by 1,440,407 shares, now holding 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 stake by 202,736 shares, bringing its total to 5,536,331 shares valued at $90.2 million, marking a 3.8% increase. FIL Ltd and Vanguard Capital Management LLC both initiated new positions with 4,960,732 and 4,819,685 shares, respectively.
SEM Stock Snapshot
On Wednesday, SEM shares traded around $16.51. The stock has seen significant institutional activity recently. Analyst sentiment has shifted, with recent downgrades impacting the stock's outlook.
$SEM stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at SEM
On June 30, 2026, several insiders at SEM also sold shares. Marilyn Tavenner sold 36,035 shares at $16.50 each. John Saich, President, sold 736,412 shares, while Executive Vice President John Duggan sold 194,710 shares. David Chernow, Vice Chairman, sold 656,823 shares at the same price, and Senior Vice President Christopher Weigl sold 40,000 shares.
Analysts Set New Price Targets
Recent analyst activity includes Mizuho downgrading SEM to a 'hold' with a $16.50 target on May 13, 2026. Similarly, RBC Capital downgraded the stock to 'hold' with the same price target on March 3, 2026. RBC Capital had previously maintained a 'buy' rating with higher targets earlier in the year.
About SEM
SEM is a company that operates in the healthcare sector, providing a range of services aimed at improving patient care and outcomes. The company is headquartered in the United States and serves a diverse clientele, including hospitals and healthcare providers.
Bottom Line
Parvinderjit Khanuja's recent sale of SEM shares is part of broader insider activity at the company. This comes amid significant institutional movements, with some funds reducing their stakes while others are starting new positions. Recent analyst downgrades suggest a cautious outlook, reflecting the evolving sentiment around SEM's stock performance.
Get SEM alerts
New 13F filings, insider trades, and analyst moves on $SEM, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.