Bank of America buys stake in Sonida Senior Living stock
Published on 10/07/2026 at 03:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bank of America acquired 61,507 shares in Sonida Senior Living, Inc. in the second quarter, a stake valued at USD 2.5 million, according to MarketBeat on October 1, 2026. The filing gave Bank of America a 0.13 percent position in Sonida Senior Living stock and added an institutional ownership angle to the company's latest results.
Bank of America takes a position
The purchase covered 61,507 shares and followed Sonida's second-quarter reporting period, which ended June 30, 2026. MarketBeat reported that institutional investors collectively held 87.55 percent of the company, while insiders sold 275,343 shares worth USD 10.9 million during the three months covered in its report.
Sonida operates independent living, assisted living and memory care communities for older adults. Its investor-relations overview lists 152 owned communities, 12 managed communities, more than 16,500 units and a presence across 35 U.S. states, according to Sonida Senior Living.
Revenue grows, losses remain
Revenue reached USD 207.65 million in the second quarter of 2026, while earnings per share was negative USD 0.52, according to MarketBeat. The earnings-per-share result missed the USD 0.09 consensus loss by USD 0.43, making profitability the key counterweight to the company's expansion in senior housing.
Sonida's second-quarter revenue was higher than the USD 122.63 million reported for the first quarter of 2026, an increase of USD 85.02 million. Net income remained negative at USD 24.72 million in the second quarter, compared with a USD 41.45 million loss in the first quarter.
NYSE valuation sets the market frame
The last Lang & Schwarz close was EUR 33.00 on October 5, 2026. On the NYSE, Sonida Senior Living was last at USD 37.12 on October 6, 2026 at 4:00 p.m. ET, with a market capitalization of USD 1.8 billion and a 52-week range of USD 24.95 to USD 44.39.
The further course of trading is shown by the continuously updated real-time quote of Sonida Senior Living stock.
Sonida Senior Living stock facts
- Company: Sonida Senior Living, Inc.
- ISIN: US1404752032
- Ticker: SNDA
- Primary exchange: NYSE
- Prior close Lang & Schwarz (October 5, 2026): EUR 33.00
- Market capitalization: USD 1.8 billion as of October 6, 2026
- 52-week range: USD 24.95-44.39 as of October 6, 2026
- Sector / Industry: Healthcare / Medical - Care Facilities
