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Insider Cluster (2 insiders) ·Filed Oct 21, 2026

PACS

PACS Group, Inc.
BEARISH
Impact 5/10
Horizonweeks Processed5d 5h ago
Insider cluster: 2 insiders, $3.6M total
Actionable Insight ▼ Bearish

The CEO's concentrated open-market selling without a 10b5-1 plan suggests potential negative non-public information. Monitor for upcoming earnings or operational updates that could explain the insider behavior.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+1d
PACS ▲ +0.29% at T+1d
SHORT call ✗ call lost -0.29% · α vs SPY -0.82% · entry $47.50 → $47.64
Next anchor: T+5d tomorrow
Entry = T+0 close
Oct 21, 2026
via day close
T+1d
+0.29%
call -0.29% · α -0.82%
$47.64
settled 5d ago
T+5d
Pending
tomorrow
T+20d
Pending
in 22d
T+60d
Pending
in 3mo

Price Chart

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Executive Summary

PACS Group insiders, including CEO Jason Hulse and President Joshua Jergensen, sold a combined $3.57M in open-market shares over a one-week window. The CEO alone sold over $5.6M in multiple transactions, representing a material insider sell cluster relative to the company's $326M market cap.

Key Financial Metrics

Direction
selling
Total Value
$7.4M
Insiders
2

Key Facts

  • CEO Jason Hulse sold 118,497 shares for ~$5.6M across five open-market transactions between Oct 15-16, 2026.
  • President Joshua Jergensen sold 40,000 shares for ~$1.78M on Oct 14, 2026.
  • Total insider sales of ~$7.4M represent approximately 2.3% of PACS's $326M market cap.
  • All sales were open-market (code S) with no 10b5-1 plan indication, making them potentially informational.

Financial Impact

Insider sales of ~$7.4M represent ~2.3% of market cap, a highly material cluster.

dilutionmarket cap

Risk Factors

  • Insider sales may reflect personal liquidity needs rather than negative outlook, but the cluster size and lack of plan indicate heightened risk.
  • The company's recent financial performance is not provided, limiting context for the insider activity.

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PACS-1792620049395
17 reports for PACS
Performance horizon
80% Hit rate @ T+5 4 of 5 directional calls Went positive at some point 5 of 5 best @ T+60▲ +3.97%Jul 16, 2026
Filters
Rows
Reports for PACS — sortable, filterable
TypeNow
Oct 21, 2026
5d ago
Insider Cluster
BEARISH ★ 5/10
$47.50awaiting T+5—$48.76 (−2.65%)
Oct 16, 2026
10d ago
Insider Cluster
NEUTRAL ★ 4/10
$45.85 $48.76▲ +6.35%▲ +6.49%$48.76 (+6.35%)
Sep 17, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$42.12 $41.30▲ +1.95%▲ +3.22%$48.76 (−15.76%)
Sep 15, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$42.72 $41.05▲ +3.91%▲ +5.73%$48.76 (−14.14%)
Aug 27, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$42.75 $42.50▼ −0.58%▼ −0.69%$48.76 (+14.06%)
Aug 19, 2026
9w ago
Insider Cluster
BEARISH ★ 5/10
$43.58 $44.24▼ −1.51%▼ −0.40%$48.76 (−11.89%)
Jul 16, 2026
14w ago
Insider Cluster
BEARISH ★ 5/10
$46.13 $44.82▲ +2.84%▲ +2.15%$48.76 (−5.70%)
Jul 10, 2026
15w ago
Insider Cluster
NEUTRAL ★ 3/10
$43.27 $46.13▲ +6.61%▲ +7.39%$48.76 (+12.69%)
Jul 6, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$43.62 $44.95▲ +3.05%▲ +2.50%$48.76 (+11.78%)
Jun 26, 2026
17w ago
Insider Cluster
NEUTRAL ★ 3/10
$39.94 $45.00▲ +12.67%▲ +11.28%$48.76 (+22.08%)
Showing 10 of 17

US Market Status

Market Closed — Opens Wed (10h 7m)

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Report published Oct 21, 2026