PNTG - Insider Move: STEPHEN COVEY Invests $78K In Pennant Gr Stock | Benzinga
On July 17, a substantial insider purchase was made by STEPHEN COVEY, Board Member at Pennant Gr (NASDAQ:PNTG), as per the latest SEC filing.
What Happened: COVEY demonstrated confidence in Pennant Gr by purchasing 3,000 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the transaction is $78,750.
At Thursday morning, Pennant Gr shares are up by 1.69%, trading at $27.63.
Discovering Pennant Gr: A Closer Look
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: Financial Performance Dissected
Positive Revenue Trend: Examining Pennant Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 24.08% as of 31 March, 2024, showcasing a ...