PNTG - Pennant Gr Board Member Makes $78K Stock Purchase | Benzinga
A significant insider buy by John Nackel, Board Member at Pennant Gr (NASDAQ:PNTG), was executed on July 17, and reported in the recent SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Nackel purchased 3,000 shares of Pennant Gr. The total transaction amounted to $78,750.
Pennant Gr's shares are actively trading at $27.63, experiencing a up of 1.69% during Thursday's morning session.
All You Need to Know About 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: Financial Performance Dissected
Revenue Growth: Pennant Gr's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 24.08%. This signifies a substantial increase ...