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ADDUS HOMECARE: Insider Trading and Hedge Fund Activity Insights

ADDUS HOMECARE is poised for earnings release with expected revenue of $297M and EPS of $1.37. The report highlights significant insider selling and mixed hedge fund activity, which could weigh on stock performance.

Date: 
AI Rating:   5

Earnings Per Share (EPS)
The report indicates that analysts expect ADDUS HOMECARE to report an EPS of $1.37 in its upcoming earnings announcement. This expectation reflects the market's anticipation regarding the company's profitability and could influence investor sentiment positively if met or exceeded.

Revenue Growth
Analysts forecast revenues of $297,356,336 for the quarter. Meeting or exceeding this revenue target is essential for the company to foster confidence in its growth trajectory.

Insider Trading Activity
A notable concern arises from insider trading activity, as ADDUS HOMECARE insiders have executed 26 trades—none being purchases. This pattern of insider selling may raise red flags for potential investors, as it could indicate a lack of confidence among those with insight into the company's operations.

Hedge Fund Activity
Institutional interest has been mixed; while 156 investors added shares, 158 reduced their positions. This shows a divided perspective on the company's future, with some investors expressing confidence while others are pulling back. Significant additions in shares by firms like CAPITAL RESEARCH GLOBAL INVESTORS and AMERICAN CENTURY COMPANIES could provide support for the stock, but the overall trend of reductions by others can create negative sentiment.