In a recent SEC filing, it was revealed that BARRY SMITH, Board Member at Pennant Gr (NASDAQ:PNTG), made a noteworthy insider purchase on July 17,.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, SMITH increased their investment in Pennant Gr by purchasing 5,100 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $133,875.
Tracking the Thursday's morning session, Pennant Gr shares are trading at $27.41, showing a up of 0.86%.
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
Revenue Growth: Pennant Gr's remarkable performance in 3 months is evident. As of 31 March, 2024, the ...