William Frist Sells SEM Shares Worth $5.05 Million
William Frist sold 306,266 shares of SEM on June 30, 2026, for about $5.05 million.
Key Points
- William Frist sold 306,266 shares of SEM on June 30, 2026, at an average price of $16.50 per share.
- Shares of SEM traded at $16.51 on Wednesday, with a recent analyst downgrade to 'hold' by Mizuho.
- BlackRock reduced its SEM stake by 1.44 million shares, while Vanguard Portfolio Management opened a new position.
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William Frist sold 306,266 shares of SEM on June 30, 2026, at an average price of $16.50 per share. This transaction was not part of a pre-arranged trading plan and was valued at approximately $5.05 million.
Other Institutional Activity in SEM
Several institutional investors have also been active in SEM. BlackRock, Inc. reduced its holdings by 1,440,407 shares, leaving it with 17,263,327 shares worth about $281.2 million, a 7.7% decrease. Vanguard Portfolio Management LLC initiated a new position, acquiring 6,723,557 shares valued at approximately $109.5 million. Dimensional Fund Advisors LP increased its stake by 202,736 shares, now holding 5,536,331 shares worth $90.2 million, a 3.8% increase. FIL LTD and Vanguard Capital Management LLC also opened new positions with 4,960,732 and 4,819,685 shares, respectively.
SEM Stock Snapshot
Shares of SEM traded at $16.51 on Wednesday. The stock has experienced some fluctuations, with a 52-week range that has not been specified here. Recent analyst opinions have influenced its movement.
$SEM stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at SEM
On June 30, 2026, several insiders sold shares of SEM. Marilyn Tavenner sold 36,035 shares at $16.50 each. John Saich, President, sold 736,412 shares, while James Ely III sold 161,674 shares at the same price. John Duggan, Executive Vice President, sold 194,710 shares, and David Chernow, Vice Chairman, sold 656,823 shares at $16.50 each. Christopher Weigl, Senior Vice President, also sold 40,000 shares.
Analysts Set New Price Targets
On May 13, 2026, Mizuho downgraded SEM to a 'hold' rating with a $16.50 price target. Previously, on March 3, 2026, RBC Capital also downgraded the stock to 'hold' with the same price target. Despite these downgrades, RBC Capital had maintained a 'buy' rating with higher targets earlier in the year.
About SEM
SEM is a company engaged in providing services in a sector not specified here. The company operates with a focus on delivering value to its clients and stakeholders. Additional details about its operations, leadership, and headquarters were not provided.
Bottom Line
William Frist's sale of SEM shares is a notable insider transaction, reflecting his decision to reduce his holdings. Institutional activity shows mixed actions, with some funds reducing stakes while others open new positions. Analyst downgrades have also impacted the stock's outlook, contributing to its current trading price.
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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.