SEM Insider Thomas Scully Sells $1.7M of Stock

Thomas Scully sold 103,424 shares of SEM on June 30, 2026, at an average price of $16.50 per share. This transaction was not planned under a Rule 10b5-1 trading plan and amounted to a total value of about $1.71 million.

Other Institutional Activity in SEM

BlackRock, Inc. reduced its stake 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 increased its holdings by 202,736 shares, bringing its total to 5,536,331 shares valued at $90.2 million. FIL Ltd also initiated a new position with 4,960,732 shares valued at $80.8 million. Meanwhile, State Street Corp trimmed its holdings by 77,235 shares, maintaining 4,319,877 shares worth $70.4 million.

SEM Stock Snapshot

Shares of SEM traded near $16.51 on Wednesday. The company has experienced analyst activity recently, including a downgrade from Mizuho on May 13, 2026, to a hold rating with a price target of $16.50. The stock's recent price movements reflect these analyst adjustments.

Insider Buying and Selling at Sem

On June 30, 2026, several insiders sold shares of SEM. Marilyn Tavenner sold 36,035 shares, James Ely III sold 161,674 shares, and David Chernow, Vice Chairman, sold 656,823 shares, all at $16.50 per share. John Saich, President, and John Duggan, Executive Vice President, also sold significant amounts, though their transactions were priced at zero, likely indicating compensation-related transactions. Christopher Weigl, Senior Vice President, sold 40,000 shares, also priced at zero.

Analysts Set New Price Targets

On May 13, 2026, Mizuho downgraded SEM to a hold rating with a $16.50 price target. RBC Capital also downgraded the stock to a hold with the same target on March 3, 2026. The consensus among analysts is a hold, with a mean target price of $16.50.

Bottom Line

Thomas Scully's sale of over 100,000 SEM shares adds to the significant insider selling activity observed on June 30, 2026. Institutional investors like BlackRock have also adjusted their positions, reflecting shifting sentiments. Investors often track these activities to gauge market sentiment, though it's important to remember that insider and institutional transactions may not always signal future stock performance.