Ensign Group, Inc (ENSG) Files Form 4 Insider Selling : Barry Port Sells 422 Shares

Ensign Group, Inc (ENSG): Barry Port , Vice President of Ensign Group, Inc sold 422 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $19.70 per share for a total value of $8,313.44 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Beverly B. Wittekind (VP & General Counsel) sold 186 shares at $20.51 per share price.On Apr 19, 2016, Antoinette T. Hubenette (director) sold 800 shares at $23.10 per share price.Also, On Mar 16, 2016, Barry Port (Vice President) sold 4,174 shares at $21.44 per share price.On Feb 11, 2016, Chad Keetch (Executive Vice President) sold 359 shares at $19.65 per share price.

The Ensign Group: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in The Ensign Group which led to swings in the share price. The shares opened for trading at $19.86 and hit $20.05 on the upside , eventually ending the session at $19.97, with a gain of 0.60% or 0.12 points. The heightened volatility saw the trading volume jump to 2,03,134 shares. The 52-week high of the share price is $27.04 and the company has a market cap of $1,003 M . The 52-week low of the share price is at $17.6.

The Ensign Group Money Flow Index Chart

Company has been under the radar of several Street Analysts.The Ensign Group is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 12, 2016.The Ensign Group is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 27 from a previous price target of $24 .The Rating was issued on May 12, 2016.

The Ensign Group Inc. is a holding company. The Company through its subsidiaries is a provider of skilled nursing rehabilitative care services home health home care hospice care assisted living and urgent care services. The Company operates approximately 178 facilities of which 13 are hospice agencies 14 are home health agencies three are home care businesses and 17 are urgent care clinics in California Arizona Texas Washington Utah Idaho Colorado Nevada Iowa Nebraska Oregon and Wisconsin. It operates through two segments: transitional skilled and assisted living services which include the operation of skilled nursing facilities and assisted and independent living facilities and home health and hospice services which includes the Company’s home health home care and hospice businesses. Its wholly owned subsidiaries provide accounting payroll human resources information technology legal and other services to other operating subsidiaries.

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