27,693 The Pennant Group, Inc. $PNTG Shares Sold by Summit Creek Advisors LLC

Summit Creek Advisors LLC cut its stake in The Pennant Group, Inc. (NASDAQ:PNTG) by 16.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 145,062 shares of the company’s stock after selling 27,693 shares during the period. The Pennant Group comprises approximately 2.3% of Summit Creek Advisors LLC’s portfolio, making the stock its 18th largest position. Summit Creek Advisors LLC owned about 0.42% of The Pennant Group worth $5,657,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in PNTG. Nykredit A S purchased a new stake in The Pennant Group during the second quarter valued at about $29,000. Sterling Capital Management LLC lifted its stake in The Pennant Group by 846.7% during the third quarter. Sterling Capital Management LLC now owns 1,136 shares of the company’s stock worth $44,000 after purchasing an additional 1,016 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of The Pennant Group by 1,186.8% in the 1st quarter. Parallel Advisors LLC now owns 1,364 shares of the company’s stock worth $42,000 after purchasing an additional 1,258 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of The Pennant Group by 34.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,568 shares of the company’s stock worth $58,000 after purchasing an additional 403 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of The Pennant Group by 45.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,413 shares of the company’s stock worth $133,000 after purchasing an additional 1,065 shares in the last quarter. Institutional investors own 85.88% of the company’s stock.

The Pennant Group Stock Performance

The Pennant Group stock opened at $36.36 on Friday. The firm has a fifty day simple moving average of $40.16 and a two-hundred day simple moving average of $35.70. The company has a quick ratio of 1.20, a current ratio of 1.18 and a debt-to-equity ratio of 0.46. The Pennant Group, Inc. has a twelve month low of $23.50 and a twelve month high of $44.24. The company has a market capitalization of $1.27 billion, a PE ratio of 36.73, a P/E/G ratio of 2.37 and a beta of 1.33.

The Pennant Group (NASDAQ:PNTG) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01). The Pennant Group had a return on equity of 10.23% and a net margin of 3.05%. The company had revenue of $302.25 million during the quarter, compared to analysts’ expectations of $299.34 million. Research analysts expect that The Pennant Group, Inc. will post 1.18 EPS for the current year.

The Pennant Group News Summary

Here are the key news stories impacting The Pennant Group this week:

• Positive Sentiment: RBC raised its price target to $48 from $44 and maintained an Outperform rating. RBC Raises Price Target on Pennant Group
• Positive Sentiment: Oppenheimer also lifted its target, to $50 from $47, and reiterated an Outperform rating—suggesting continued analyst confidence in the company’s prospects.
• Positive Sentiment: Q3 coverage said Pennant beat earnings and sales expectations, a supportive signal for demand and financial performance. Pennant Group Earnings Beat Pennant Group Beats Q3 Sales Expectations
• Neutral Sentiment: For FY 2026, Pennant guided to EPS of $1.34–$1.41, straddling the $1.36 consensus, and revenue of $1.2 billion, in line with expectations. The range offers limited upside versus consensus, while its lower end is below it.
• Negative Sentiment: A Q3 analysis highlighted margin pressure and integration challenges as risks to the outlook. These concerns may temper the impact of the earnings beat and analyst target increases. Q3 Deep Dive: Margin Pressure and Integration Challenges

Analyst Ratings Changes

A number of brokerages recently weighed in on PNTG. Wall Street Zen cut The Pennant Group from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank Of Canada boosted their target price on The Pennant Group from $44.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday. Weiss Ratings raised The Pennant Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Oppenheimer increased their price target on shares of The Pennant Group from $47.00 to $50.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Wells Fargo & Company lifted their price target on shares of The Pennant Group from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $48.00.

The Pennant Group Company Profile

The Pennant Group, Inc is a healthcare services company that operates home health, hospice and senior living businesses in the United States. Through its affiliated agencies and communities, the company provides skilled nursing, physical, occupational and speech therapy, personal care, hospice and palliative services, assisted living, and other support for older adults and individuals recovering from illness or injury.

Pennant’s home health and hospice operations serve patients in their homes and other residential settings, while its senior living segment operates communities that provide assisted living and related services.