Wasatch Advisors (PNTG) discloses 5.4% Pennant Group ownership in 13G
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Wasatch Advisors filed a Schedule 13G reporting passive ownership in Pennant Group, Inc. common stock. Wasatch Advisors reported that it beneficially owned 1,870,178 shares of common stock, representing 5.4% of the class.
Of this position, Wasatch Advisors reported sole power to vote 1,334,030 shares and sole power to dispose of 1,870,178 shares, with no shared voting or dispositive power. The reporting person is organized in Delaware, and the certification is signed by its CEO, Mike Yeates.
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Key Figures
Beneficial ownership: 1,870,178 shares
Percent of class: 5.4%
Sole voting power: 1,334,030 shares
+1 more
4 metrics
Beneficial ownership
1,870,178 shares
Amount beneficially owned by Wasatch Advisors
Percent of class
5.4%
Percentage of Pennant Group common stock class owned
Sole voting power
1,334,030 shares
Shares over which Wasatch Advisors has sole power to vote
Sole dispositive power
1,870,178 shares
Shares over which Wasatch Advisors has sole power to dispose
Key Terms
Schedule 13G, beneficially owned, sole power to vote, sole power to dispose
4 terms
Schedule 13G regulatory
"Wasatch Advisors filed a Schedule 13G reporting passive ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 1,870,178"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole power to vote financial
"Sole power to vote or to direct the vote: 1,334,030"
sole power to dispose financial
"Sole power to dispose or to direct the disposition of: 1,870,178"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Pennant Group (PNTG) does Wasatch Advisors report owning in this Schedule 13G?
Wasatch Advisors reports beneficial ownership of 5.4% of Pennant Group’s common stock. This stake equals 1,870,178 shares of common stock as disclosed in the Schedule 13G filing.
Who signed the Schedule 13G filed by Wasatch Advisors for Pennant Group (PNTG)?
The Schedule 13G is signed by Mike Yeates, CEO of Wasatch Advisors. The certification confirms the information regarding ownership and control over Pennant Group common stock.