The buyback is small relative to market cap (0.6% of shares) and was executed at a modest discount. Monitor for any additional insider selling or larger buyback authorizations that could signal management's view on valuation.
Price Chart
How similar events traded
Executive Summary
Concentra Group Holdings Parent, Inc. entered into a stock repurchase agreement with board member Robert A. Ortenzio and related trusts to buy back 800,000 shares at $41.80 per share for a total of $33.44 million, representing approximately 0.627% of outstanding shares. The transaction closed on November 9, 2026, was funded from cash on hand, and was approved by the Audit and Compliance Committee of the Board.
Key Facts
- Concentra repurchased 800,000 shares from board member Robert A. Ortenzio and related trusts at $41.80 per share
- Total repurchase price was $33,440,000
- Repurchase represents approximately 0.627% of outstanding shares
- Purchase price was a 1% discount to the closing price on November 6, 2026
- Transaction closed on November 9, 2026
- Funded through cash on hand
- Approved by the Audit and Compliance Committee of the Board
- Made pursuant to the company's previously announced share repurchase program
Financial Impact
The company spent $33.44 million of cash on hand to repurchase 0.627% of outstanding shares at a 1% discount to market price.
Risk Factors
- Insider selling by a board member may signal personal portfolio diversification needs, not necessarily a negative view on the company
- The buyback reduces cash reserves by $33.4 million
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0002014596-26-000085 |
| Document: cghp-20261106.htm | 0002014596-26-000085 |
| Document: 0002014596-26-000085-index-headers.html | 0002014596-26-000085 |
| Document: 0002014596-26-000085-index.html | 0002014596-26-000085 |
| Document: 0002014596-26-000085.txt | 0002014596-26-000085 |
Track record
13 reports on CON
3 of 4 bullish or bearish reports moved the stock their way by T+1. Best: +8.49% at T+1 after the Nov 3, 2026 report. 4 of 4 went positive at some point.
Filters
- Nov 10, 20261d ago SC 13D/A Neutral 4/10 Entry $42.40 Now $43.45 +2.48% settles Nov 12
- Nov 10, 20261d ago 8-K Neutral 3/10 Viewing Entry $42.40 Now $43.45 +2.48% settles Nov 12
- Nov 9, 20262d ago 8-K Neutral 2/10 Entry $42.67 to $43.45 Now $43.45 +1.83% ▲ +1.83% +0.51% vs SPY
- Nov 5, 20266d ago 3 Neutral 2/10 Entry $42.22 to $42.40 Now $43.45 +2.91% ▲ +0.43% −1.94% vs SPY
- Nov 5, 20266d ago 8-K Bullish 6/10 Entry $42.22 to $42.40 Now $43.45 +2.91% ▲ +0.43% −1.94% vs SPY
- Nov 3, 20268d ago Institutional Cluster Bullish 4/10 Entry $40.15 to $43.56 Now $43.45 +8.22% ▲ +8.49% +6.84% vs SPY
- Jun 30, 202619w ago 144 Neutral 2/10 Entry $30.77 to $31.91 Now $43.45 +41.21% ▲ +3.70% +3.84% vs SPY
- Jun 29, 202619w ago 144 Neutral 2/10 Entry $29.75 to $30.77 Now $43.45 +46.05% ▲ +3.43% +3.56% vs SPY
- Jun 26, 202619w ago 144 Neutral 3/10 Entry $29.77 to $29.75 Now $43.45 +45.95% ▼ −0.07% −0.85% vs SPY
- Jun 1, 202623w ago 144 Bearish 5/10 Entry $25.09 to $24.75 Now $43.45 −73.18% ▲ +1.36% +0.63% vs SPY
US Market Status
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