Barclays PLC expands its position at Tactile Systems Technology, Inc. (NASDAQ: TCMD – get rating) increased 195.5% in the third quarter, according to the latest Securities and Exchange Commission (SEC) disclosure. He owned 31,942 shares in the company after the company acquired an additional 21,132 shares during this period. Barclays PLC owned approximately 0.16% of Tactile Systems Technology worth $248,000 at the end of the most recent reporting period.
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Other big investors have also recently changed their stakes in the company. PNC Financial Services Group Inc. increased his Tactile Systems Technology holding by 219.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,016 shares of the company worth $40,000 after he purchased an additional 1,385 shares during this period. Banque Cantonale Vaudoise increased his Tactile Systems Technology holding by 75.0% in the second quarter. Banque Cantonale Vaudoise now owns 7,000 shares of the company worth $51,000 after purchasing a further 3,000 shares during this period. Russell Investments Group Ltd. increased his stake in Tactile Systems Technology by 537.7% in the second quarter. Russell Investments Group Ltd. now owns 9,202 shares worth $66,000 after purchasing an additional 7,759 shares during this period. Allspring Global Investments Holdings LLC increased his stake in Tactile Systems Technology by 185.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 9,021 shares worth $70,000 after purchasing an additional 5,863 shares during this period. Finally, Point72 Hong Kong Ltd bought a new stake in his Tactile Systems Technology worth about $75,000 in the second quarter. Institutional investors own 83.99% of the company’s shares.
Price-performance ratio of haptic system technology
shares of Haptic System Technology Co., Ltd. Opened Friday at $13.76. The stock has a 50-day simple moving average of $12.20 and a 200-day simple moving average of $9.69. Tactile Systems Technology, Inc. has a 52-week low of $6.28 and a 52-week high of $21.62. The company has a market capitalization of $277.4 million, a -9.17 price/earnings ratio, and a 1.21 beta. The company has a quick ratio of 1.68, a current ratio of 2.10 and a debt to equity ratio of 0.41.
Analyst upgrades and downgrades
Separately, StockNews.com raised Tactile Systems Technology from a ‘Hold’ rating to a ‘Buy’ rating in its research report on Friday, November 18th. According to MarketBeat, Tactile Systems Technology has a consensus rating of “buy” and an average target price of $23.33.
Tactile System Technology Company Profile
Tactile Systems Technology, Inc is a medical technology company. We develop and deliver innovative medical devices to treat chronic conditions at home. The company is focused on improving the standard of care for treating chronic conditions at home to improve patient outcomes and quality of life and reduce rising healthcare costs.
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