The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. TruBridge Inc shares valued at $972,000 were purchased by L6 Holdings Inc. on May 21 ’25. At $24.30 per share, L6 Holdings Inc. acquired 40,000 shares. The insider’s holdings grew to 1,965,000 shares worth approximately $45.2 million following the completion of this transaction.
Also, L6 Holdings Inc. purchased 25,000 shares, netting a total of over 600,250 in proceeds. Following the buying of shares at $24.01 each, the insider now holds 2,005,000 shares.
Before that, L6 Holdings Inc. had added 15,000 shares to its account. In a trade valued at $359,700, the 10% Owner bought TruBridge Inc shares for $23.98 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $45.54 million.
As published in their initiating research note from RBC Capital Mkts on March 28, 2024, TruBridge Inc [TBRG] has been an Outperform and the price target has been revised to $13. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early January. As of August 15, 2023, Cantor Fitzgerald has initiated its “an Overweight” rating for TBRG. Earlier on April 12, 2023, Stephens initiated its rating. Their recommendation was “an Equal-weight” for TBRG stock.
Analyzing TBRG Stock Performance
On last trading session,, TruBridge Inc [NASDAQ: TBRG] plunged -0.61% to $23.00. The stock’s lowest price that day was $22.87, but it reached a high of $23.19 in the same session. During the last five days, there has been a drop of approximately -7.03%. Over the course of the year, TruBridge Inc shares have jumped approximately 16.63%. Shares of the company reached a 52-week high of $32.00 on 03/11/25 and a 52-week low of $19.35 on 01/02/25.
Support And Resistance Levels for TruBridge Inc (TBRG)
According to the 24-hour chart, there is a support level at 22.85, which, if violated, would cause prices to drop to 22.70. In the upper region, resistance lies at 23.17. The next price resistance is at 23.34. RSI (Relative Strength Index) is 37.69 on the 14-day chart, showing neutral technical sentiment.
Is TruBridge Inc subject to short interest?
Stocks of TruBridge Inc saw a sharp steep in short interest on 2025-05-30 dropping by 83414.0 shares to 0.76 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.84 million shares. A decline of -11.01% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.74 of the overall float, the days-to-cover ratio (short ratio) decline to 4.74.
Which companies own the most shares of TruBridge Inc (TBRG)?
In terms of TruBridge Inc share price expectations, FactSet research, analysts set an average price target of 12 in the next 12 months, down nearly -48.14% from the previous closing price of $23.14. Analysts anticipate TruBridge Inc stock to reach 13 by 2025, with the lowest price target being 11. In spite of this, 2 analysts ranked TruBridge Inc stock as Buy at the end of 2025.
