Russell Carson Sheds SEM Shares as Insider Sales Continue
Russell Carson has sold 610,035 shares of SEM, part of a broader trend of insider sales at the company.
Key Points
- Russell Carson sold 610,035 shares of SEM on June 30, 2026, as part of a series of insider sales at the company.
- Shares of SEM traded near $16.51 on Wednesday, with BlackRock reducing its holdings by 1.44 million shares to 17.26 million, valued at $281.2 million.
- Analysts at Mizuho downgraded SEM to 'hold' with a $16.50 price target on May 13, 2026, reflecting cautious sentiment.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Russell Carson, a significant shareholder, sold 610,035 shares of SEM on June 30, 2026. This sale is part of a series of insider transactions at SEM, indicating active trading by company insiders.
Other Institutional Activity in SEM
BlackRock, Inc. reduced its holdings in SEM by 1,440,407 shares, leaving it with 17,263,327 shares valued at approximately $281.2 million. Vanguard Portfolio Management LLC opened a new position with 6,723,557 shares worth about $109.5 million. Dimensional Fund Advisors LP grew its stake by 202,736 shares to 5,536,331 shares, valued at $90.2 million, reflecting a 3.8% increase. Meanwhile, FIL Ltd and Vanguard Capital Management LLC both initiated new positions with 4,960,732 and 4,819,685 shares, respectively.
SEM Stock Snapshot
Shares of SEM traded near $16.51 on Wednesday. The stock has experienced recent fluctuations with a 52-week low of $12.34 and a high of $19.67. It has a 50-day moving average of $15.78 and a 200-day moving average of $16.02. The market is closely watching SEM's financial metrics as it navigates current market conditions.
$SEM stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at SEM
On June 30, 2026, several insiders at SEM sold shares. Marilyn Tavenner sold 36,035 shares at $16.50 per share. John Saich, President, sold 736,412 shares, while James Ely III sold 161,674 shares at the same price. John Duggan, Executive Vice President, sold 194,710 shares, and David Chernow, Vice Chairman, sold 656,823 shares at $16.50 each. Senior Vice President Christopher Weigl also sold 40,000 shares.
Analysts Set New Price Targets
On May 13, 2026, Mizuho downgraded SEM to a 'hold' rating, setting a price target of $16.50. Earlier, on March 3, 2026, RBC Capital also downgraded the stock to 'hold' with the same price target. The consensus among analysts reflects a cautious outlook, with an average price target of $16.50 based on recent evaluations.
Bottom Line
Russell Carson's recent sale of SEM shares is part of a broader trend of insider trading at the company. While institutional investors like BlackRock have adjusted their positions, new positions by others indicate varied market sentiments. Analyst downgrades to 'hold' suggest a cautious approach to SEM's future performance. As these insider transactions and institutional activities unfold, investors will be watching closely to gauge SEM's trajectory.
Get SEM alerts
New 13F filings, insider trades, and analyst moves on $SEM, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.