PACS group co-founder, CEO Jason Hulse sells $886,569 in stock
Jason Hulse, the co-founder, CEO, and chairman of PACS Group (NASDAQ:PACS), recently sold approximately $886,569 worth of common stock. The sales took place over a period of four days, from September 10 to September 14, 2026. The price per share varied between $45.0309 and $45.2265. This transaction, executed under a pre-established Rule 10b5-1 trading plan, was initiated on May 18, 2026.
On September 10, Hulse sold 8,771 shares, and on September 11, he sold an additional 10,529 shares. On September 14, he sold the final 317 shares. Currently, Hulse holds 54,555,249 shares of PACS Group common stock. PACS Group's stock has experienced a significant 357% return over the past year, contributing to the company's market capitalization of $7.09 billion.
Truist Securities has maintained a Buy rating on PACS Group stock, with a price target of $62.00. Additionally, PACS Group has made significant strides in expanding its operations, acquiring 32 skilled nursing facilities in Florida and completing closings on 34 facilities across six western states.
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