Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ensign Group Inc shares valued at $96,936 were sold by SMITH BARRY M on Feb 03 ’25. At $138.48 per share, SMITH BARRY M sold 700 shares. The insider’s holdings dropped to 30,752 shares worth approximately $4.58 million following the completion of this transaction.
Also, Christensen Christopher R. sold 39,086 shares, netting a total of over 5,805,073 in proceeds. Following the sale of shares at $148.52 each, the insider now holds 12,539 shares.
Before that, Christensen Christopher R. had added 39,086 shares to its account. In a trade valued at $5,805,074, the Officer bought Ensign Group Inc shares for $148.52 each.
As published in their initiating research note from UBS on November 21, 2024, Ensign Group Inc [ENSG] has been a Buy and the price target has been revised to $175. Analysts at Macquarie started covering the stock with ‘”an Outperform”‘ outlook in a report released in late June. As of September 28, 2023, Berenberg has initiated its “Buy” rating for ENSG.
Analyzing ENSG Stock Performance
During the last five days, there has been a surge of approximately 5.89%. Over the course of the year, Ensign Group Inc shares have jumped approximately 12.04%. Shares of the company reached a 52-week high of $149.31 on 02/05/25 and a 52-week low of $128.63 on 01/07/25. A 50-day SMA is recorded $139.23, while a 200-day SMA reached $137.06. Nevertheless, trading volume fell to 0.85 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Ensign Group Inc (ENSG)
According to the 24-hour chart, there is a support level at 146.16, which, if violated, would cause prices to drop to 143.45. In the upper region, resistance lies at 150.44. The next price resistance is at 152.01. RSI (Relative Strength Index) is 70.21 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.10, which suggests the price will increase in the coming days. Percent R is at 2.90%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
