Recent Insider Activity Suggests Potential Gains for Pennant Group Inc (PNTG)

Pennant Group Inc’s recent filing unveils that its Director Stringfield JoAnne unloaded Company’s shares for reported $0.15 million on May 20 ’25. In the deal valued at $29.47 per share,5,000 shares were sold. As a result of this transaction, Stringfield JoAnne now holds 30,275 shares worth roughly $0.86 million.

Then, Stringfield JoAnne bought 11,954 shares, generating $351,794 in total proceeds.

Before that, Stringfield JoAnne sold 665 shares. Pennant Group Inc shares valued at $17,037 were divested by the Director at a price of $25.62 per share. As a result of the transaction, Stringfield JoAnne now holds 30,275 shares, worth roughly $0.86 million.

Wells Fargo initiated its Pennant Group Inc [PNTG] rating to an Equal weight in a research note published on December 19, 2024; the price target was $33. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early January from “an Equal-weight” to “an Overweight”. Stifel also remained covering PNTG and has increased its forecast on February 27, 2023 with a “Buy” recommendation from previously “Hold” rating. Oppenheimer started covering the stock on August 25, 2022. It rated PNTG as “an Outperform”.

Price Performance Review of PNTG

On Tuesday, Pennant Group Inc [NASDAQ:PNTG] saw its stock fall -1.66% to $28.35. Over the last five days, the stock has lost -2.48%. Pennant Group Inc shares have risen nearly 6.90% since the year began. Nevertheless, the stocks have risen 24.67% over the past one year.

How much short interest is there in Pennant Group Inc?

A steep rise in short interest was recorded in Pennant Group Inc stocks on 2025-05-15, growing by 13016.0 shares to a total of 0.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 0.59 million shares. There was a rise of 2.15%, which implies that there is a positive sentiment for the stock.

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