HCSG Insider Sells 2,490 Shares Worth $54,000

By Sarah Sidlow – Mar 31, 2026 at 8:31AM ESTKey PointsAndrew Brophy sold 2,490 shares for a total transaction value of ~$54,000 on Feb. 26, 2026, at a weighted average price of around $21.75 per share.This transaction represented 13.66% of Brophy's direct holdings, reducing his direct position from 18,225 to 15,735 shares.The disposition was limited to direct ownership, with no shares traded through indirect entities or derivative instruments.The sale comes after a one-year price increase of 107.33% as of Feb. 26, 2026.Andrew M Brophy, SVP & Chief Accounting Officer of Healthcare Services Group (HCSG +1.14%), reported the sale of 2,490 shares in an open-market transaction on Feb. 26, valued at approximately $54,000, as disclosed in a SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)2,490Shares withheld (direct)239Transaction value~$54,000Post-transaction shares (direct)15,735Post-transaction value (direct ownership)~$342,000Transaction value based on SEC Form 4 weighted average purchase price ($21.75); post-transaction value based on Feb. 26, 2026 market close ($21.76). Post-transaction shares are unvested restricted stock units.Key questionsWhat proportion of Andrew M Brophy’s holdings did the transaction represent?The 2,490 shares sold accounted for 13.7% of his direct holdings at the time, reducing his position from 18,225 to 15,735 shares.Were any indirect or derivative holdings involved in this transaction?No, all shares traded in this filing were directly owned; there were no transactions involving indirect entities or stock options.What market context surrounded the sale?This transaction occurred as Healthcare Services Group shares delivered a 107.6% one-year total return as of Feb. 26, 2026, with the shares priced at around $21.75 per share during the sale, reflecting both personal liquidity management and a robust share price recovery.Company overviewMetricValueRevenue (TTM)$1.84 billionNet income (TTM)$59.06 millionEmployees35,3001-year price change107.6%1-year price change calculated using Feb. 26, 2026 as the reference date.Company snapshotProvides housekeeping, laundry, linen, facility maintenance, and dietary management services to healthcare facilities, including nursing homes, retirement complexes, rehabilitation centers, and hospitals.Operates a service-based business model, generating revenue through management and operational contracts with healthcare institutions across the United States.Primary customers are long-term care and senior living facilities seeking outsourced solutions for non-clinical operations.Healthcare Services Group is a leading provider of outsourced housekeeping and dietary services to the healthcare sector, serving approximately 3,000 facilities nationwide. The company leverages its scale and specialized expertise to help clients maintain regulatory compliance and operational efficiency in non-clinical departments. Its competitive advantage lies in its integrated service offerings and deep experience in the healthcare facility market.ExpandNASDAQ: HCSGHealthcare Services GroupToday's Change(1.14%) $0.21Current Price$18.70Key Data PointsMarket Cap$1.3BDay's Range$18.49 - $18.8552wk Range$9.13 - $22.98Volume118Avg Vol751KGross Margin17.58%What this transaction means for investorsWhile monitoring the moves of company insiders can be a helpful exercise, it’s also important to remember that people may sell shares for all sorts of reasons, and those sales don’t necessarily indicate anything about a person’s conviction in the company or its stock performance.That said, Brophy’s Feb. 26 transaction was lucrative, netting $54,000 after a more than 100% stock price increase over the last year. The company reported its fourth-quarter and full-year results on Feb. 11. The report featured $1.84 billion in revenue for the year and $466.7 million for the quarter, up 7.1% and 6.6% year over year, respectively. The company also completed a $50 million share buyback program and authorized a new $75 million repurchase plan for this year. Its 2026 outlook was for mid-single-digit revenue growth.Healthcare Services Group is positioned in a promising industry, as the aging population continues to come into focus. According to Census.gov, by 2030, seniors will represent 21% of the population. Yet rising labor costs and ongoing economic uncertainty remain headwinds. That said, with a solid financial position and impressive recent results, Healthcare Services Group may be a stock to watch.Read NextMar 16, 2026 •By Keith SpeightsBest Health Insurance Stocks for 2026 and How to InvestMar 30, 2026 •By Seena HassounaPresident Sells shares worth $1.0 Million at His Own DiscretionMar 30, 2026 •By Seena HassounaCollegium's General Counsel Trims His Stake as the Company Doubles Down on ADHDMar 30, 2026 •By Seena HassounaSionna Chief Legal Officer Cashed Out Her Shares.

Her Options Are Another StoryMar 30, 2026 •By Seena HassounaAdaptive Biotech's President Trimmed Her Position. But what Remains is worth a lookAbout the AuthorSarah Sidlow is a Motley Fool contributing analyst and copy editor giving context and clarity to buzzworthy market moves. She also writes about personal finance and insurance topics for Credit Karma. She has a B.A. in Journalism and Psychology from Miami University (OH) and a Master's in Journalism from Georgetown University.TMFSHSStocks MentionedHealthcare Services GroupNASDAQ: HCSG$18.70(+1.14%)+$0.21*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.