Ensign group director Smith sells $107436 in stock

Published 03/07/2025, 19:14
Ensign group director Smith sells $107436 in stock

Director Barry M Smith of Ensign Group, INC (NASDAQ:ENSG), a healthcare company with a market capitalization of $8.5 billion, sold 700 shares of common stock on July 1, 2025, at a price of $153.48, for a total transaction value of $107436. The transaction occurs as the stock trades near its 52-week high of $158.45, reflecting the company’s strong 14.8% revenue growth over the past year.

Following the transaction, Smith directly owns 27852 shares of Ensign Group, INC.

The sale was executed under a Rule 10b5-1 trading plan adopted on July 31, 2024.

In other recent news, The Ensign Group , Inc. announced several acquisitions, expanding its healthcare operations portfolio. The company acquired Timber Springs Transitional Care, a 120-bed skilled nursing facility in Boise, Idaho, and the real estate of Duncanville Healthcare and Rehabilitation Center in Texas. Both transactions were executed through Ensign’s real estate subsidiary, Standard Bearer Healthcare REIT, Inc. These additions bring Ensign’s portfolio to a total of 348 healthcare operations across 17 states.

Additionally, Ensign’s CEO Barry Port will succeed Christopher Christensen as Chair of the Board of Directors following Christensen’s retirement in September 2025. UBS has reiterated its Buy rating on Ensign Group stock, maintaining a price target of $175, reflecting confidence in the company’s expansion strategy and operational performance. The firm projects Ensign will operate 355 total facilities by the end of 2025. Furthermore, Ensign’s leadership team has been bolstered by the appointment of Marivic Uychiat to the Board of Directors, bringing extensive experience in skilled nursing and post-acute care.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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