Acadia Healthcare Stock Down 60% as One Investor Slashes Stake to Less Than 1% of Assets
The Motley Fool
by newsfeedback@fool.com (Jonathan Ponciano)February 23, 2026
AI-Generated Deep Dive Summary
Acadia Healthcare's stock (NASDAQ: ACHC) has dropped significantly, with a major investor reducing their stake by nearly 60%. Engine Capital Management sold over 2.25 million shares, valued at approximately $42.7 million, bringing their ownership to less than 1% of assets. This move highlights growing concerns among investors about the company's performance and future prospects.
The transaction occurred on February 17, 2026, based on the average closing price from the fourth quarter of 2025. The value of Engine Capital's stake fell by $59.35 million due to both trading activity and stock price fluctuations. This substantial decline underscores challenges in the behavioral healthcare sector and investor sentiment shifts.
Acadia Healthcare operates a vast network of behavioral health facilities across the U.S. and Puerto Rico, focusing on mental health and addiction treatment. Despite their scale and specialized care, the company has faced financial pressures, likely contributing to the stock's sharp decline. Investors are closely monitoring whether
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Originally published on The Motley Fool on 2/23/2026