Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tactile Systems Technology Inc shares valued at $30,945 were purchased by Ferstler Sherri Lee on Apr 03 ’25. At $13.14 per share, Ferstler Sherri Lee acquired 2,355 shares.
Also, Birkemeyer Elaine M. sold 2,066 shares, netting a total of over 29,980 in proceeds. Following the sale of shares at $14.51 each, the insider now holds 102,032 shares.
Before that, Burns Kristie had sold 6,468 shares from its account. In a trade valued at $93,160, the Sr. VP Mktg & Clinical Affairs traded Tactile Systems Technology Inc shares for $14.40 each. Upon closing the transaction, the insider’s holdings decreased to 6,468 shares, worth approximately $1.03 million.
As published in a research note from B. Riley Securities on February 19, 2025, Tactile Systems Technology Inc [TCMD] has been rated down from a Buy to a Neutral and the price target has been revised to $18 from $23. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in early November. As of November 05, 2024, BTIG Research has decreased its “Buy” rating to a “Neutral” for TCMD. Earlier on September 26, 2024, B. Riley Securities initiated its rating. Their recommendation was “a Buy” for TCMD stock.
Analyzing TCMD Stock Performance
During the last five days, there has been a drop of approximately -0.52%. Over the course of the year, Tactile Systems Technology Inc shares have dropped approximately -22.18%. Shares of the company reached a 52-week high of $18.51 on 01/30/25 and a 52-week low of $12.30 on 04/07/25. A 50-day SMA is recorded $14.30, while a 200-day SMA reached $14.82.
Support And Resistance Levels for Tactile Systems Technology Inc (TCMD)
According to the 24-hour chart, there is a support level at 13.16, which, if violated, would cause prices to drop to 13.00. In the upper region, resistance lies at 13.46. The next price resistance is at 13.59. RSI (Relative Strength Index) is 44.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.05, which suggests the price will decrease in the coming days. Percent R is at 46.35%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
