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Community Health Systems Inc (CYH) Chairman & CEO Wayne T Smith Bought $2.4 million of Shares

Chairman & CEO of Community Health Systems Inc (30-Year Financial, Insider Trades) Wayne T Smith (insider trades) bought 1,200,000 shares of CYH on 08/29/2019 at an average price of $1.99 a share. The total cost of this purchase was $2.4 million.

Community Health Systems Inc is a operators of general acute care hospitals. The company operates in hospital operations which includes its general acute care hospitals and related healthcare entities. Community Health Systems Inc has a market cap of $254.990 million; its shares were traded at around $2.16 with and P/S ratio of 0.02. GuruFocus has detected 3 severe warning signs with Community Health Systems Inc. .

CEO Recent Trades:

  • Chairman & CEO Wayne T Smith bought 1,200,000 shares of CYH stock on 08/29/2019 at the average price of $1.99. The price of the stock has increased by 8.54% since.

Directors and Officers Recent Trades:

  • EVP and General Counsel Benjamin C Fordham bought 25,000 shares of CYH stock on 08/27/2019 at the average price of $1.85. The price of the stock has increased by 16.76% since.
  • EVP and General Counsel Benjamin C Fordham bought 25,000 shares of CYH stock on 08/08/2019 at the average price of $2.29. The price of the stock has decreased by 5.68% since.

For the complete insider trading history of CYH, click here

.This article first appeared on GuruFocus.