AdCare Health Systems, Inc. (NYSE:ADK) CEO William Mcbride III purchased 10,000 shares of AdCare Health Systems stock in a transaction that occurred on Monday, November 28th. The stock was purchased at an average price of $1.58 per share, with a total value of $15,800.00. Following the transaction, the chief executive officer now owns 267,143 shares in the company, valued at approximately $422,085.94. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

William Mcbride III also recently made the following trade(s):

  • On Monday, November 21st, William Mcbride III purchased 10,000 shares of AdCare Health Systems stock. The stock was purchased at an average price of $1.61 per share, with a total value of $16,100.00.

Shares of AdCare Health Systems, Inc. (NYSE:ADK) opened at 1.58 on Wednesday. The stock’s market cap is $30.82 million. AdCare Health Systems, Inc. has a 12 month low of $1.50 and a 12 month high of $3.05. The company has a 50 day moving average of $1.74 and a 200 day moving average of $2.01.

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Several institutional investors have recently made changes to their positions in ADK. Gamco Investors INC. ET AL increased its position in shares of AdCare Health Systems by 5.7% in the second quarter. Gamco Investors INC. ET AL now owns 162,668 shares of the company’s stock worth $299,000 after buying an additional 8,735 shares in the last quarter. Wedbush Securities Inc. increased its position in shares of AdCare Health Systems by 256.9% in the third quarter. Wedbush Securities Inc. now owns 174,664 shares of the company’s stock worth $363,000 after buying an additional 125,719 shares in the last quarter. Bridgeway Capital Management Inc. increased its position in shares of AdCare Health Systems by 49.1% in the second quarter. Bridgeway Capital Management Inc. now owns 205,000 shares of the company’s stock worth $377,000 after buying an additional 67,500 shares in the last quarter. Gabelli Funds LLC increased its position in shares of AdCare Health Systems by 14.7% in the second quarter. Gabelli Funds LLC now owns 768,643 shares of the company’s stock worth $1,414,000 after buying an additional 98,573 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of AdCare Health Systems by 62.2% in the first quarter. Goldman Sachs Group Inc. now owns 1,130,034 shares of the company’s stock worth $2,622,000 after buying an additional 433,469 shares in the last quarter.

About AdCare Health Systems

AdCare Health Systems, Inc, through its subsidiaries, is a self-managed real estate investment company that invests in real estate purposed for long-term care and senior living. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.

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