Bridge City Nearly Tripled Its Addus Position - Into a Down Stock
2026-05-19 19:37:01 ET
Bridge City Capital, LLC increased its stake in Addus HomeCare (NASDAQ:ADUS) by 45,775 shares in the first quarter, an estimated $4.85 million trade based on quarterly average pricing, according to a May 13, 2026, SEC filing.
According to a Securities and Exchange Commission (SEC) filing dated May 13, 2026, Bridge City Capital, LLC purchased an additional 45,775 shares of Addus HomeCare during the first quarter of 2026. The estimated transaction value was $4.85 million, based on the mean unadjusted closing price for the quarter. At quarter-end, the fund’s total position in Addus HomeCare was 76,914 shares, valued at $7.20 million.
Addus HomeCare is a leading provider of home-based care solutions, leveraging a diversified service portfolio to address the needs of vulnerable populations. Its scale and focus on government and managed care payors provide resilience and recurring revenue streams. Strategic expansion and a multi-segment approach position Addus HomeCare to capture growth opportunities in the evolving healthcare landscape.
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