Tactile Systems Technology Inc’s recent filing unveils that its President and CEO REUVERS DANIEL L. unloaded Company’s shares for reported $21289.0 on Feb 29 ’24. In the deal valued at $15.25 per share,1,396 shares were sold. As a result of this transaction, REUVERS DANIEL L. now holds 238,027 shares worth roughly $3.44 million.
Then, Burns Kristie sold 243 shares, generating $3,706 in total proceeds. Upon selling the shares at $15.25, the Sr. VP Mktg & Clinical Affairs now owns 63,389 shares.
Before that, REUVERS DANIEL L. sold 4,689 shares. Tactile Systems Technology Inc shares valued at $73,148 were divested by the President and CEO at a price of $15.60 per share. As a result of the transaction, REUVERS DANIEL L. now holds 239,423 shares, worth roughly $3.46 million.
Oppenheimer upgraded its Tactile Systems Technology Inc [TCMD] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in late October with a ‘”a Perform”‘ rating. BTIG Research also remained covering TCMD and has increased its forecast on August 07, 2019 with a “Buy” recommendation from previously “Neutral” rating. Dougherty & Company started covering the stock on June 13, 2019. It rated TCMD as “a Buy”.
Price Performance Review of TCMD
On Tuesday, Tactile Systems Technology Inc [NASDAQ:TCMD] saw its stock jump 1.76% to $14.44. Over the last five days, the stock has gained 4.87%. Tactile Systems Technology Inc shares have risen nearly 0.98% since the year began. Nevertheless, the stocks have fallen -22.49% over the past one year. While a 52-week high of $26.11 was reached on 03/25/24, a 52-week low of $9.69 was recorded on 02/20/24. SMA at 50 days reached $15.24, while 200 days put it at $15.02. A total of 0.47 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For TCMD Stock
The 24-hour chart illustrates a support level at 13.43, which if violated will result in even more drops to 12.41. On the upside, there is a resistance level at 15.03. A further resistance level may holdings at 15.61. The Relative Strength Index (RSI) on the 14-day chart is 46.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.40%. Stochastics %K at 36.85% indicates the stock is a holding.
