Disclosed in the latest SEC filing, a significant insider purchase on July 17, involves JoAnne Stringfield, Board Member at Pennant Gr (NASDAQ:PNTG).
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Stringfield purchased 3,000 shares of Pennant Gr, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $78,750.
Pennant Gr's shares are actively trading at $27.41, experiencing a up of 0.86% during Thursday's morning session.
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.
Unraveling the Financial Story of Pennant Gr
Revenue Growth: Pennant Gr's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue ...