ENSG - Suzanne Snapper Boosts Confidence With $1.23M Purchase Of Ensign Group Stock | Benzinga
Suzanne Snapper, CFO at Ensign Group (NASDAQ:ENSG), disclosed an insider purchase on February 9, based on a new SEC filing.
What Happened: Snapper made a significant move by purchasing 10,495 shares of Ensign Group as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $1,234,002.
During Friday's morning session, Ensign Group shares down by 0.0%, currently priced at $118.06.
Discovering Ensign Group: A Closer Look
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.
Key Indicators: Ensign Group's Financial Health
Revenue Growth: Ensign Group's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue ...