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Barry Smith, a director at Ensign Group, Inc. (NASDAQ:ENSG), recently sold 700 shares of the company’s common stock. The transaction, which took place on February 3, 2025, was executed at a price of $138.48 per share, amounting to a total value of $96,936. Following this sale, Smith holds 30,752 shares in the company. The stock, which currently trades at $148.86, has shown strong momentum with a 27% return over the past year. According to InvestingPro, the company maintains a "GREAT" financial health score of 3.08 out of 5.
This transaction was conducted under a Rule 10b5-1 trading plan, which was adopted on July 31, 2024. Such plans allow company insiders to set up a predetermined schedule for selling stocks, providing an affirmative defense against potential insider trading accusations. For deeper insights into insider transactions and comprehensive analysis, InvestingPro offers detailed research reports covering over 1,400 US stocks, including Ensign Group.
In other recent news, The Ensign Group has been the subject of notable analyst attention. Macquarie analyst Tao Qiu has revised the price target for the company to $166, keeping an Outperform rating. This change comes on the heels of a surge in acquisition activity, with the company making 30 acquisitions since September 30, 2024. The analyst also predicts a revenue growth for The Ensign Group between 12.5% and 15.0% in 2025, surpassing the consensus revenue estimate of $4,774 million for the same year.
In addition to Macquarie, UBS has initiated coverage on The Ensign Group with a Buy rating and a price target of $175.00. UBS highlights the company’s proven ability to acquire and rejuvenate underperforming facilities, resulting in a typical margin improvement of 330 basis points within five quarters post-acquisition. Furthermore, the firm’s revenue estimates for The Ensign Group are approximately 1-2% higher than the consensus, indicating a positive outlook on the company’s financial performance. These recent developments underscore the company’s potential for continued growth and margin enhancement.
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