Team Health Holdings LLC (TMH), watched one of it’s top insiders decrease his holdings with the company. CEO Greg Roth disposed of 4,600 shares of common stock at a price ranging from $48.81 to $49.53 per share. Following this transaction, Roth now has 151,264 shares directly invested into the company.
A $3.61 billion market cap corporation, Team Health Holdings LLC (TMH), is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States, based upon revenues, patient visits, and number of clients.
In addition, Pennant Capital Management, the hedge fund run by Alan Fournier, reported a 13% increase in it’s activity last quarter, and now has 4,482,541 shares worth approximately $200.5 million invested in the company; while Oz Management, the hedge fund controlled by Daniel S. Och, holds 1,155,718 shares worth around $51.7 million after maintaining it’s position, showing no change in it’s exposure last quarter.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.