PNTG - Director At Pennant Gr Buys $78K of Stock | Benzinga
On July 17, Christopher Christensen, Director at Pennant Gr (NASDAQ:PNTG) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Christensen increased their investment in Pennant Gr by purchasing 3,000 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $78,750.
In the Thursday's morning session, Pennant Gr's shares are currently trading at $27.63, experiencing a up of 1.69%.
Unveiling the Story Behind Pennant Gr
Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health, hospice, and senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The company generates majority of its revenue from home health and hospice services segment, which includes its home health, hospice and home care businesses.
Pennant Gr: Delving into Financials
Revenue Growth: Pennant Gr displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid ...