Tactile Systems Technology Inc’s recently made public that its Chief Financial Officer Birkemeyer Elaine M. unloaded Company’s shares for reported $29037.0 on May 12 ’25. In the deal valued at $9.94 per share,2,921 shares were sold. As a result of this transaction, Birkemeyer Elaine M. now holds 99,111 shares worth roughly $0.97 million.
Then, Birkemeyer Elaine M. bought 2,921 shares, generating $29,037 in total proceeds.
Before that, Dodd Sheri Louise sold 3,149 shares. Tactile Systems Technology Inc shares valued at $30,955 were divested by the Chief Executive Officer at a price of $9.83 per share. As a result of the transaction, Dodd Sheri Louise now holds 181,241 shares, worth roughly $1.78 million.
Piper Sandler downgraded its Tactile Systems Technology Inc [TCMD] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. Oppenheimer also remained covering TCMD and has decreased its forecast on November 05, 2024 with a “Perform” recommendation from previously “an Outperform” rating. BTIG Research revised its rating on November 05, 2024. It rated TCMD as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TCMD
On Tuesday, Tactile Systems Technology Inc [NASDAQ:TCMD] saw its stock fall -0.81% to $9.81. Over the last five days, the stock has lost -5.22%. Tactile Systems Technology Inc shares have fallen nearly -42.73% since the year began. Nevertheless, the stocks have fallen -17.63% over the past one year. While a 52-week high of $21.10 was reached on 01/30/25, a 52-week low of $8.61 was recorded on 05/06/25.
Levels Of Support And Resistance For TCMD Stock
The 24-hour chart illustrates a support level at 9.70, which if violated will result in even more drops to 9.60. On the upside, there is a resistance level at 10.01. A further resistance level may holdings at 10.22.
The most recent change occurred on September 26, 2024 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $23 price target.
