PNTG - Positive Signal: Gregory Morris Sr Shows Faith Buying $78K In Pennant Gr Stock | Benzinga
A significant insider buy by Gregory Morris Sr, Director at Pennant Gr (NASDAQ:PNTG), was executed on July 17, and reported in the recent SEC filing.
What Happened: Sr made a significant move by purchasing 3,000 shares of Pennant Gr as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $78,750.
During Thursday's morning session, Pennant Gr shares up by 1.69%, currently priced at $27.63.
Delving into Pennant Gr's Background
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's Financial Performance
Revenue Growth: Over the 3 months period, Pennant Gr showcased positive performance, achieving a revenue growth rate of 24.08% as of 31 March, 2024. This reflects a ...