U.S. Physical Therapy, Inc. (NYSE:USPH) Shares Sold by State of Alaska Department of Revenue

The State of Alaska Department of Revenue recently sold shares of U.S. Physical Therapy, Inc. (NYSEUSPH) as part of its investment portfolio. The exact number of shares sold and the total proceeds generated from the sale are not publicly disclosed.

U.S. Physical Therapy, Inc. is a publicly traded company that provides physical therapy services to patients in various settings, including hospitals, clinics, and home care facilities. The company was founded in 1992 and has its headquarters in Louisville, Kentucky.

The State of Alaska Department of Revenue invests the state's surplus funds in a diversified portfolio of stocks, bonds, and other assets to generate returns for the state's general fund. The department's investment strategy is designed to balance risk and return while maintaining liquidity and preserving capital.

It is worth noting that the sale of shares by the State of Alaska Department of Revenue does not necessarily reflect an endorsement or recommendation of U.S. Physical Therapy, Inc. as an investment opportunity for individuals or other entities. Investors should always conduct their own due diligence and seek professional advice before making any investment decisions.