AHCO - AdaptHealth rises after director Matthew Ebbel his SkyKnight fund buy shares worth ~$2.8M

AdaptHealth (NASDAQ:AHCO) said that the company's director Matthew Ebbel and his SkyKnight Capital fund last week bought about 180K shares of AHCO at $14.16-$16.39, worth ~$2.8M. The provider of home medical equipment, supplies and related services disclosed the changes in share ownership in a form 4 SEC filing from Monday. AHCO stock +3.9% to $17.16 in late afternoon trade. Ebbel and two SkyKnight entities - SkyKnight Capital Fund II, LP and SkyKnight Capital II GP, LLC - together now hold about 7.7M shares in the company. Last week, shares of AHCO soared after the company raised its FY 2022 revenue guidance and announced a new $200M share buyback.

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AdaptHealth rises after director Matthew Ebbel, his SkyKnight fund buy shares worth ~$2.8M