Summaries of the latest updates show Universal Health Services, Inc. (UHS) stock achieving a 52-week high, with an insider selling over $375k in stock. A recent judgment could hit UHS with a $535M hit, while the company has decided to appeal. It is shown that UHS had a big respect in earnings per share (EPS), beating previous guidance forecasts. The firm's insiders have reportedly sold a total of $4.7M of stock, indicating caution. The company's founder, Alan B. Miller, is recognized for his vision, positively changing lives and healthcare. Conversely, the company had to deal with a $67 million ransomware attack loss. Another settlement of $12.5M for an ERISA lawsuit took place. An anticipated leadership transition also took place, with founder Alan B. Miller deciding to step down as CEO in January 2021, succeeded by President Marc D. Miller. Also, a Director resigned following a rare shareholder rebuke. Amidst these, UHS displayed momentum and continued to trade at a bargain. Partnership announcements were noted, including a mental health service enhancement project in Michigan and the ground-breaking of a new mental health hospital alongside Beaumont Health. Lastly, UHS reportedly had to manage a ransomware breach, and significant stakes in the stock were sold by various investment firms.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Sun, 25 Aug 2024 16:03:03 GMT - Rating 5 - Innovation -2 - Information 7 - Rumor -2
