A Major Shareholder at Joint Corp (NASDAQ: JYNT) is Buying Shares

By George MacDonald

Today, a Major Shareholder at Joint Corp (NASDAQ: JYNT), Glenhill Advisors Llc, bought shares of JYNT for $143.7k.

In addition to Glenhill Advisors Llc, 8 other JYNT executives reported Buy trades in the last month. Glenhill Advisors Llc increased his holding by 2.5% to a total of $60.92.

Based on Joint Corp`s latest earnings report from December 31, the company posted quarterly revenue of $3.76M and GAAP net loss of $3.38M. In comparison, last year the company earned revenue of $2.51M and had a GAAP net loss of $1.9M. The company has a one year high of $12.99 and a one year low of $2.65. Currently, Joint Corp has an average volume of 22.72k.

Starting in December 2014, JYNT received 5 Buy ratings in a row. Three different firms, including Feltl and Maxim Group, currently also have a Buy rating on the stock.

Looking at blogger coverage of JYNT, there is a 100% Bearish tendency on the stock, in relation to an 80% average bullish tendency within the Healthcare sector.

Over the last 3 months, the insider sentiment on Joint Corp has been positive based on 17 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

The Joint Corp. (United States) engages in the operation of chiropractic care clinics. The company was founded by Fred Gerretzen, Charles Barnwell, John Leonesio, Todd Welker, Barbara Holland, Steven P. Colmar, Craig P. Colmar, and Richard Rees on March 10, 2010 and is headquartered in Scottsdale, AZ.