Insiders Showing Confidence in eHealth Inc. (EHTH), Delta Air (DAL), and WisdomTree (WETF), While CEO’s Sold Shares of These 2 Companies

CEO of Hospice and Palliative Care Services Provider Discards Shares

The man in charge of Chemed Corporation (NYSE:CHE) for more than 15 years jettisoned a massive block of shares this week. President and CEO Kevin J. McNamara discarded 18,000 shares on Wednesday at a price tag of $144.87 each. Following the recent sale, Mr. McNamara currently owns 163,266 shares.

Chemed Corporation (NYSE:CHE), which offers hospice care through its VITAS Healthcare subsidiary, as well as plumbing, drain cleaning, water restoration, and other related services through its Roto-Rooter subsidiary, has seen the value of its shares decline by 3% since the start of the year. The company’s second quarter service revenue and sales were $390.41 million, up from $381.92 million posted for the same period of the prior year. The increase was driven by a 5.9% increase at Roto-Rooter and a 0.8% increase at VITAS. Roto-Rooter revenue accounted for approximately 29% of the company’s top-line figure during the quarter. Ken Fisher’s Fisher Asset Management owns almost 950,000 shares of Chemed Corporation (NYSE:CHE) as of the end of June.

The CEO of Knoll Sells Huge Block of Shares

Knoll Inc. (NYSE:KNL) also had its most influential and informed executive offload shares earlier this week. CEO Andrew B. Cogan unloaded 55,054 shares on Tuesday at prices of between $25.15 and $25.52 per share, cutting his overall holding to 530,212 shares.

The designer and manufacturer of furnishings and accessories, textiles, fine leathers, and designer felt for the workplace and home has seen its market value jump by 36% since January. Knoll Inc. (NYSE:KNL) reported net sales of $294.7 million for the second quarter, up by an impressive 9.7% year-over-year, which followed the company’s top-line increasing by 6.8% year-over-year in the first quarter. Knoll’s second quarter net income was $21.3 million, up from $17.2 million reported a year earlier. Adage Capital Management, founded by Phillip Gross and Robert Atchinson, had 1.82 million shares of Knoll Inc. (NYSE:KNL) among its holdings at the end of March.

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