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Performant Financial Corp Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., was filed 12 May 2023.
Performant Financial Corp: what insiders have been doing
Performant Financial Corp is a Business Services company. Its directors and officers file their transactions with SEC (Form 4). Performant Financial Corp has had no insider filing for more than a year; the last one goes back to 22 October 2025.
Looking back to 2016, when coverage begins, insiders filed 48 purchases and 72 sales.
Other companies in the same sector with recent insider buying flagged by our signals: ELIS and GL Events. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
391
Thresholds
n/a
Buy Volume
€11M
48 ops. · all time
Sell Volume
€32M
72 ops. · all time
Who traded when
BuySaleLisa Im2 sales
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2024FY ended December 2024 · cache
Income statement
Revenue109.5M
Net income-8.8M-8.0% margin
Last declaration on 22 October 2025
Declarations391 total
381,835 sharesCommon Stock, $0.0001 par valueSEC:0001193125-25-246336:1
3,261,675 sharesCommon Stock, $0.0001 par valueSEC:0001193125-25-246336:0
464,115 sharesCommon StockSEC:0001550695-25-000111:0
417,220 sharesCommon StockSEC:0001550695-25-000105:0
299,101 sharesCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000103:0
477,610 sharesCommon StockSEC:0001550695-25-000099:0
44,430 sharesCommon StockSEC:0001550695-25-000101:0
619,309 sharesCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000107:0
1,229,413 sharesCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000109:0
35,819 shares@ US$7.6121.5% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000097:1
26,972 shares@ US$7.6129.4% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000096:1
54,181 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000096:0
91,725 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000097:0
7,729 shares@ US$7.618.4% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000087:1
7,908 shares@ US$7.614.7% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000089:1
15,525 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000087:0
20,250 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000089:0
20,348 shares@ US$7.6212.2% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000085:1
10,688 shares@ US$7.6211.7% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000083:1
52,105 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000085:0
21,469 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000083:0
39,476 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000081:2
16,267 shares0Common Stock, par value $0.0001 per shareSEC:0001550695-25-000079:2
16,221 shares@ US$7.639.8% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000081:1
15,416 shares@ US$7.639.3% of flowCommon Stock, par value $0.0001 per shareSEC:0001550695-25-000081:3
25 of 391 declarations
About Performant Financial Corp
Performant Financial Corp. (ticker PFMT) was listed on the NASDAQ market in the United States and operated as a technology-enabled services company focused on healthcare payment integrity and related analytics. In practical terms, Performant helped payers identify, prevent, and recover waste, improper payments, and other reimbursement errors by combining proprietary data assets, analytics, and workflow technology. The company’s filings describe it as operating with a single reporting segment, which underscores a relatively focused business model centered on healthcare payer solutions rather than a diversified multi-vertical platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1550695/000155069524000098/pfmt-20240930.htm?utm_source=openai))
Historically, Performant is a Delaware corporation formed in 2003, but its operating roots go back much further through PRI, its core subsidiary, which was founded in 1976. That long operating heritage matters because it suggests deep experience in audit, recovery, and compliance-intensive services. For headquarters, the most recent SEC filings state that Performant’s Plantation, Florida facility served as corporate headquarters; earlier materials had referenced Livermore, California, which indicates the company’s headquarters footprint changed over time. For investors, the key takeaway is that by 2024–2025 the corporate base was in Florida. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1550695/000155069525000008/pfmt-20241231.htm?utm_source=openai))
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Performant’s core offering sat at the intersection of healthcare services, analytics, and recoveries. The company supported payers in spotting billing anomalies, validating eligibility, and recovering overpayments using advanced technology and proprietary data. Its competitive position was built less on capital intensity and more on domain expertise, data-driven models, and the ability to navigate a complex reimbursement environment. In a market like U.S. healthcare payment integrity, the moat typically comes from know-how, implementation capability, client relationships, and compliance execution. Performant’s disclosures also highlight that its business was concentrated in the United States, with healthcare payers as the principal customer base. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1550695/000155069525000008/R24.htm?utm_source=openai))
As a listed company on NASDAQ in the United States, PFMT’s more recent corporate story was dominated by M&A rather than organic expansion. On July 31, 2025, Performant entered into a definitive merger agreement with Machinify, a healthcare intelligence company backed by New Mountain Capital. The company announced that stockholders would receive $7.75 in cash per share, and the transaction was later approved by stockholders at a special meeting on October 17, 2025. The merger closed on October 21, 2025, meaning Performant ceased to be an independent public equity story after that date. For a market overview, that is the most important recent development: the company moved from public-market operating asset to acquired healthcare technology platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1550695/000155069525000061/exhibit9911.htm?utm_source=openai))
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