Clearbridge Investments, Llc is the third biggest owner of Surgery Partners, Inc. (SGRY)

Surgery Partners, Inc. (NASDAQ:SGRY) enjoyed a 31.11% run-up in share price since hitting record low of $9.45. The stock managed 2.91% rise and now stands at $12.39 as of 01/11/2019. At recent session, the prices were hovering between $11.97 and $12.4499. This company shares are 47.3% off its target price of $18.25 and the current market capitalization stands at $588.65M. The recent change has given its price a -2.01% deficit over SMA 50 and -37.89% deficit over its 52-week high. The stock witnessed -6.56% declines, -14.61% declines and -20.32% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SGRY’s volatility during a week at 5.51% and during a month it has been found around 6.18%.

Surgery Partners, Inc. (SGRY) Top Holders

Institutional investors currently hold around $588 million or 99.6% in SGRY stock. Look at its top three institutional owners. Bain Capital Investors Llc owns $327.79 million in Surgery Partners, Inc., which represents roughly 55.68% of the company’s market cap and approximately 55.75% of the institutional ownership. Similar statistics are true for the second largest owner, Nn Investment Partners Holdings N.V., which owns 5,597,607 shares of the stock are valued at $69.35 million. The third largest holder is Clearbridge Investments, Llc, which currently holds $40.27 million worth of this stock and that ownership represents nearly 6.84% of its market capitalization.

Surgery Partners, Inc. 13F Filings

At the end of September reporting period, 46 institutional holders increased their position in Surgery Partners, Inc. (NASDAQ:SGRY) by some 2,010,586 shares, 41 decreased positions by 2,295,373 and 14 held positions by 43,169,925. That puts total institutional holdings at 47,475,884 shares, according to SEC filings. The stock grabbed 17 new institutional investments totaling 1,131,024 shares while 22 institutional investors sold out their entire positions totaling 1,687,899 shares.

Surgery Partners, Inc. (NASDAQ:SGRY) Insider Trades

Multiple company employees have indulged in significant insider trading. Surgery Partners, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Pres., Ancillary Svces. Grp. Lingle Brandan has sold 10,000 shares of Surgery Partners, Inc. (SGRY) in trading session dated Aug. 28, 2018. These shares are worth $181,500 and were traded at $18.15 each. The SEC filing shows that H.I.G. Surgery Centers, Llc performed a sale of 26,455,651 shares. The 10% Owner disposed these shares by way of transaction on Aug. 31, 2017. The company’s shares were given away at $19 per share worth to an income of some $502,657,369 on account of H.I.G. Surgery Centers, Llc.

Sr. VP, Gen Couns. & Sec., Baldock Jennifer, sold 2,500 common shares of Surgery Partners, Inc. (SGRY) in the open market. In a transaction dated Aug. 29, 2016, the shares were put up for sale at an average price of $19.2, raking in a sum of $48,000. After this sale, 66,983 common shares of SGRY are directly owned by the insider, with total stake valued at $829,919.

In the transaction dated Oct. 21, 2015, the great number of shares disposed came courtesy the CEO; Doyle Michael Thomas disposed a total of 152,966 shares at an average price of $19, amounting to approximately $2,906,354. The insider now directly owns 3,055,424 shares worth $37,856,703.

Surgery Partners, Inc. (SGRY) Analyst Guide

Several analysts have released their opinion on Surgery Partners, Inc. (NASDAQ:SGRY), with 5 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.78 average brokerage recommendation.