TruBridge Inc’s recent filing unveils that its Director Anquillare Mark V acquired Company’s shares for reported $42025.0 on Nov 25 ’24. In the deal valued at $16.81 per share,2,500 shares were bought. As a result of this transaction, Anquillare Mark V now holds 17,178 shares worth roughly $ 0.48 million.
Then, Pinetree Capital Ltd. bought 15,458 shares, generating $184,405 in total proceeds. Upon buying the shares at $11.93, the 10% Owner now owns 1,625,000 shares.
Before that, Pinetree Capital Ltd. bought 3,997 shares. TruBridge Inc shares valued at $47,684 were divested by the 10% Owner at a price of $11.93 per share. As a result of the transaction, Pinetree Capital Ltd. now holds 603,997 shares, worth roughly $17.01 million.
RBC Capital Mkts initiated its TruBridge Inc [TBRG] rating to an Outperform in a research note published on March 28, 2024; the price target was $13. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early January with a ‘”an Equal weight”‘ rating. Cantor Fitzgerald began covering TBRG with “an Overweight” recommendation on August 15, 2023. Stephens started covering the stock on April 12, 2023. It rated TBRG as “an Equal-weight”.
Price Performance Review of TBRG
On Friday, TruBridge Inc [NASDAQ:TBRG] saw its stock jump 0.14% to $28.17. Over the last five days, the stock has gained 11.56%. TruBridge Inc shares have risen nearly 42.85% since the year began. Nevertheless, the stocks have risen 183.69% over the past one year. While a 52-week high of $28.26 was reached on 02/14/25, a 52-week low of $7.55 was recorded on 01/02/25. SMA at 50 days reached $21.64, while 200 days put it at $14.20.
Levels Of Support And Resistance For TBRG Stock
The 24-hour chart illustrates a support level at 27.84, which if violated will result in even more drops to 27.50. On the upside, there is a resistance level at 28.54. A further resistance level may holdings at 28.91. The Relative Strength Index (RSI) on the 14-day chart is 78.71, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.24%. Stochastics %K at 87.91% indicates the stock is a selling.
How much short interest is there in TruBridge Inc?
A steep rise in short interest was recorded in TruBridge Inc stocks on 2025-01-31, growing by 76305.0 shares to a total of 0.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.26 million shares. There was a rise of 22.51%, which implies that there is a positive sentiment for the stock.
