SGRY — Surgery Partners Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates SGRY Bearish with a Setup Score of 0, net conviction 45, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction45
Actionability0 (no mans land)

Key signals behind this score

About Surgery Partners Inc

Surgery Partners, Inc., together with its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company provides ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including orthopedics and pain management, ophthalmology, gastroenterology, and general surgery. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$16.40
Market Cap$2.19B
Float54.2M
Shares Outstanding130.8M
P/E (Forward)23.92
Price/Sales (TTM)0.66
vs. Analyst Target+9.5% to analyst PT
Profit Margin-2.28%
Operating Margin (TTM)10.37%
Revenue (TTM)$3.34B
Dividend RateNone
Analyst Target Price$17.95 (12 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.86B -$116M $380M $278M
2021 $2.23B -$70.9M $491M $401M
2022 $2.54B -$54.6M $575M $460M
2023 $2.74B -$11.9M $648M $446M
2024 $3.11B -$168M $746M $501M
2025 $3.31B -$77.9M $765M $566M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $826M -$2.5M
Sep 2025 $822M -$22.7M
Dec 2025 $885M -$15.0M
Mar 2026 $811M -$35.9M

Ownership & Float

Insider Ownership1.8%
Institutional Ownership123.3%
Short Float26.3%
% of All Funds Holding2.01%
Number of Funds Holding165

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$14.82Near-term / short-term trend
Weekly40-Week SMA$15.56Medium-term trend
Weekly80-Week SMA$19.07Cyclical trend (business cycle)
Weekly200-Week SMA$25.90Secular trend (multi-year)
Monthly10-Month SMA$15.73Near-term monthly trend
Monthly20-Month SMA$19.29Medium-term monthly trend
Monthly40-Month SMA$25.38Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$21.80 resistance 1.67x 7 months ago
$28.90 resistance 1.37x 19 months ago

Historical Earnings Reactions (43 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.65% 0.29% 53.49% 23.46% -31.85%
1 Day -0.19% 1.03% 53.49% 16.98% -36.55%
1 Week 1.68% -0.25% 48.84% 45.56% -49.61%
2 Weeks 1.63% -0.98% 48.84% 74.56% -52.48%
1 Month 3.34% 1.10% 52.38% 80.77% -50.39%

Next earnings: August 4, 2026 (22 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan9.6%63.6%11
Feb2.5%63.6%11
Mar-7.5%45.5%11
Apr8.3%45.5%11
May1.0%54.5%11
Jun1.9%45.5%11
Jul4.6%50.0%10
Aug-5.8%50.0%10
Sep-1.6%50.0%10
Oct-6.4%27.3%11
Nov10.2%72.7%11
Dec3.6%54.5%11

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.05% 47.0% 506
Tuesday 0.29% 49.6% 557
Wednesday 0.13% 51.8% 554
Thursday -0.15% 45.9% 545
Friday 0.16% 48.5% 542

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 123.3%

Insider Transactions — Smart Summary

Total insider ownership: 1.8%

12-Month Insider Activity Summary

Total Filings14
Net Value-$2.6M
Net Shares Change470,764
% of Float0.9%
C-Suite Filings13
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Evans Jason Eric Chief Executive Officer -$412,448.98 2 2 sell
Doherty David T Chief Financial Officer -$312,541.66 2 2 sell
Brittenham Marissa Chief Strategy Officer -$166,213.28 2 2 sell
Burkhalter Danielle Chief Human Resources Officer -$149,716.87 2 2 sell
Baldock Jennifer Chief Admin & Dev Officer -$138,123.4 1 1 sell
Webb William Trenton American Group President -$28,653.767 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-03-09 – 2026-03-16 11 6 -$1.3M 11 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-09 Webb William Trenton American Group President -$28,653.767 Transaction at $13.87, now +18.2%
2026-03-09 Evans Jason Eric Chief Executive Officer -$158,060.98 Transaction at $13.79, now +18.9%
2026-03-09 Doherty David T Chief Financial Officer -$201,704.16 Transaction at $13.84, now +18.5%
2026-03-09 Burkhalter Danielle Chief Human Resources Officer -$105,209.6 Transaction at $13.60, now +20.6%
2026-03-09 Brittenham Marissa Chief Strategy Officer -$120,354.5 Transaction at $13.70, now +19.7%
2026-03-09 Baldock Jennifer Chief Admin & Dev Officer -$138,123.4 Transaction at $13.70, now +19.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Surgery Partners Inc (SGRY) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SGRY on Trend Edge →