The COO and a Director/10% Owner both sold significant open-market positions without a 10b5-1 plan, suggesting potential concern about near-term valuation or fundamentals. Monitor for upcoming earnings or operational updates that may have prompted the selling.
Price Chart
Executive Summary
Three PACS insiders — the President & COO, a Director/10% Owner, and the CEO/Chairman — sold a combined ~$2.89M in open-market shares over a 7-day window. The CEO's sale was minimal ($14K), but the COO's $1.57M sale and the Director's $1.31M sale are material relative to the company's $326M market cap (~0.9% combined). No 10b5-1 plan was indicated, making these opportunistic sales a bearish signal.
Key Financial Metrics
Key Facts
- President & COO Joshua Jergensen sold 36,500 shares at $43.08 for ~$1.57M on 2026-09-16
- Director/10% Owner Mark Hancock sold 30,500 shares at $42.89 for ~$1.31M on 2026-09-15
- CEO Jason Hulse sold 317 shares at $45.03 for ~$14K on 2026-09-14
- Total open-market sales of ~$2.89M represent ~0.9% of PACS's $326M market cap
- No 10b5-1 trading plan indicated for any of the sales
- Hancock also sold additional shares on 2026-09-14 and 2026-09-15 totaling ~$13.0M (not in this cluster window but same period)
Financial Impact
~$2.89M in insider sales, ~0.9% of market cap
Risk Factors
- Insider selling may signal deteriorating business conditions or overvaluation
- Additional unregistered sales by Hancock in the same period amplify the bearish signal
- CEO's small sale does not offset the material selling by the COO and Director
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PACS-1789682540316 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | Insider Cluster | $47.50 | awaiting T+5 | — | $47.85 (−0.74%) |
Oct 16, 2026 11d ago | Insider Cluster | $45.85 $48.76 | ▲ +6.35% | ▲ +6.49% | $47.85 (+4.36%) |
Sep 17, 2026 5w ago | Insider Cluster | $42.12 $41.30 | ▲ +1.95% | ▲ +3.22% | $47.85 (−13.60%) |
Sep 15, 2026 6w ago | Insider Cluster | $42.72 $41.05 | ▲ +3.91% | ▲ +5.73% | $47.85 (−12.01%) |
Aug 27, 2026 8w ago | Insider Cluster | $42.75 $42.50 | ▼ −0.58% | ▼ −0.69% | $47.85 (+11.93%) |
Aug 19, 2026 9w ago | Insider Cluster | $43.58 $44.24 | ▼ −1.51% | ▼ −0.40% | $47.85 (−9.80%) |
Jul 16, 2026 14w ago | Insider Cluster | $46.13 $44.82 | ▲ +2.84% | ▲ +2.15% | $47.85 (−3.73%) |
Jul 10, 2026 15w ago | Insider Cluster | $43.27 $46.13 | ▲ +6.61% | ▲ +7.39% | $47.85 (+10.58%) |
Jul 6, 2026 16w ago | Insider Cluster | $43.62 $44.95 | ▲ +3.05% | ▲ +2.50% | $47.85 (+9.70%) |
Jun 26, 2026 17w ago | Insider Cluster | $39.94 $45.00 | ▲ +12.67% | ▲ +11.28% | $47.85 (+19.80%) |
US Market Status
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