Director at $PHR sells 7,000 shares in insider sale

Mark Douglas Smith, a director at $PHR, recently sold 7,000 shares of the company for an estimated $203,000. This transaction, disclosed in a recent SEC filing, accounted for approximately 15.8% of Smith’s holdings of this particular class of stock. Following this sale, Smith now retains ownership of 37,353 shares of $PHR stock.

Over the past six months, $PHR insiders have actively engaged in trading activities on the open market. Out of a total of 93 trades, all of which were sales, notable figures within the company have made significant moves involving the company’s stock. For instance, David Linetsky, the SVP of Network Solutions, has executed 19 sales of $PHR stock, totaling 76,562 shares and amounting to an estimated $2,117,435. Similarly, Evan Roberts, the Chief Operating Officer, has conducted 15 sales totaling 70,488 shares for an estimated $1,955,488. Chief Executive Officer, Chaim Indig, has also been involved in 8 sales of 71,563 shares, accumulating $1,901,106.

Chief Financial Officer Balaji Gandhi saw 13 sales of 64,922 shares, amounting to approximately $1,847,701. General Counsel and Secretary, Allison C Hoffman, participated in 13 sales of 48,709 shares with an estimated value of $1,291,290. SVP of Human Resources, Amy Beth Vanduyn, executed 8 sales totaling 12,429 shares, valued at $330,849. Principal Accounting Officer, Yvonne Hui, was engaged in 13 sales of 9,863 shares amounting to an estimated $240,234. In addition to these transactions, Mark Douglas Smith’s recent sale of 7,000 shares for $203,000 and Lisa Egbuonu-Davis’ sale of 2,802 shares for $77,531 have contributed to the dynamic trading environment within the company.

The hedge fund activity surrounding $PHR has also been noteworthy, with 117 institutional investors increasing their holdings of $PHR stock and 78 decreasing their positions in the most recent quarter. Notable maneuvers include Brown Advisory Inc removing 1,824,110 shares from their portfolio in the first quarter of 2025, while UBS AM, a distinct business unit of UBS Asset Management Americas LLC, added 1,377,904 shares during the same period. American Century Companies Inc added 957,842 shares, Rock Springs Capital Management LP removed 891,664 shares, and T. Rowe Price Investment Management, Inc. removed 594,825 shares. Champlain Investment Partners, LLC and Park West Asset Management LLC made substantial additions to their portfolios in the first quarter of 2025 as well.

In terms of analyst ratings, Wall Street analysts have issued positive reports on $PHR, with 2 firms recommending a buy rating on the stock and 0 indicating a sell rating. Citigroup issued a “Buy” rating on 05/28/2025, while KeyBanc issued an “Overweight” rating on 01/08/2025. This information provides additional context for investors looking to navigate the market dynamics surrounding $PHR.