ENSG - Major Purchase Alert: Barry Port Invests $1.43M In Ensign Group Stock | Benzinga
Disclosed in the latest SEC filing, a significant insider purchase on February 9, involves Barry Port, Chief Executive Officer at Ensign Group (NASDAQ:ENSG).
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Port purchased 12,125 shares of Ensign Group. The total transaction amounted to $1,425,657.
At Friday morning, Ensign Group shares are up by 0.03%, trading at $118.1.
About Ensign Group
Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The Standard Bearer segment comprises of properties owned by the company through its captive REIT and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the skilled services segment.
Understanding the Numbers: Ensign Group's Finances
Revenue Growth: Ensign Group's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate ...