Robert Ortenzio Sells 130,000 Shares of Concentra Group Holdings Parent (NYSE:CON) Stock

May 12, 2026 by InsiderTrades.com

Key Points

Director Robert Ortenzio sold 130,000 shares of Concentra Group Holdings Parent at $25.00 each, totaling $3.25 million, and reducing his stake by 12.7%. The trade was made under a pre-arranged Rule 10b5-1 plan.
The company reported better-than-expected quarterly earnings, posting EPS of $0.40 versus the $0.35 estimate and revenue of $569.56 million, up 13.7% year over year. Analysts currently expect full-year EPS of 1.49.
Concentra also announced a quarterly dividend of $0.0625 per share, payable June 9, implying a 1.0% annualized yield. Meanwhile, analysts remain constructive on the stock with a consensus rating of Moderate Buy and an average target price of $30.25.

Concentra Group Holdings Parent, Inc. (NYSE:CON - Get Free Report) Director Robert Ortenzio sold 130,000 shares of the business's stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $25.00, for a total value of $3,250,000.00. Following the sale, the director directly owned 893,455 shares of the company's stock, valued at approximately $22,336,375. This trade represents a 12.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Concentra Group Holdings Parent Price Performance

CON stock opened at $24.94 on Tuesday. The stock has a 50-day moving average price of $22.45 and a two-hundred day moving average price of $21.43. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.55 and a 12-month high of $25.00. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 3.62. The company has a market cap of $3.19 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.22 and a beta of 0.72.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.05. Concentra Group Holdings Parent had a return on equity of 47.14% and a net margin of 7.97%.The firm had revenue of $569.56 million during the quarter, compared to the consensus estimate of $553.53 million. During the same quarter in the previous year, the business earned $0.32 earnings per share. The firm's quarterly revenue was up 13.7% compared to the same quarter last year. As a group, research analysts predict that Concentra Group Holdings Parent, Inc. will post 1.49 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, May 19th. Concentra Group Holdings Parent's payout ratio is 17.99%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CON. Norges Bank acquired a new position in shares of Concentra Group Holdings Parent in the fourth quarter worth about $43,404,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Concentra Group Holdings Parent in the third quarter worth about $35,124,000. Woodline Partners LP lifted its stake in shares of Concentra Group Holdings Parent by 142.7% in the third quarter. Woodline Partners LP now owns 2,746,505 shares of the company's stock worth $57,484,000 after acquiring an additional 1,614,988 shares in the last quarter. Jennison Associates LLC lifted its stake in shares of Concentra Group Holdings Parent by 195.8% in the first quarter. Jennison Associates LLC now owns 2,172,291 shares of the company's stock worth $46,596,000 after acquiring an additional 1,437,912 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Concentra Group Holdings Parent by 41.1% in the third quarter. Thrivent Financial for Lutherans now owns 3,245,778 shares of the company's stock worth $67,934,000 after acquiring an additional 945,303 shares in the last quarter.

Analyst Upgrades and Downgrades

CON has been the subject of a number of research reports. Truist Financial reissued a "buy" rating and set a $31.00 price target (up from $29.00) on shares of Concentra Group Holdings Parent in a research report on Monday. Wells Fargo & Company boosted their price objective on Concentra Group Holdings Parent from $25.00 to $28.00 and gave the stock an "overweight" rating in a research note on Thursday, March 5th. Finally, Royal Bank Of Canada boosted their price objective on Concentra Group Holdings Parent from $30.00 to $31.00 and gave the stock an "outperform" rating in a research note on Monday, February 2nd. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $30.25.

Get Our Latest Stock Report on CON

Concentra Group Holdings Parent Company Profile

(Get Free Report)

Concentra Group Holdings Parent (NYSE:CON) is a Canada-based financial services holding company that specializes in serving Canadian credit unions and their members. Through its operating subsidiaries, the group provides wholesale funding, lending solutions and investment management services tailored to the unique needs of cooperative financial institutions. Concentra’s broad suite of offerings includes trust and custody services, mortgage investment products and equipment financing, all designed to support credit-union growth and stability.

In addition to wholesale funding and lending, Concentra Group Holdings Parent distributes life and general insurance products through affiliated insurance brokers and credit-union channels.