In a filing, TruBridge Inc revealed its 10% Owner L6 Holdings Inc. acquired Company’s shares for reported $0.97 million on May 21 ’25. In the deal valued at $24.30 per share,40,000 shares were bought. As a result of this transaction, L6 Holdings Inc. now holds 1,965,000 shares worth roughly $45.59 million.
Then, L6 Holdings Inc. bought 25,000 shares, generating $600,250 in total proceeds. Upon buying the shares at $24.01, the 10% Owner now owns 2,005,000 shares.
Before that, L6 Holdings Inc. bought 15,000 shares. TruBridge Inc shares valued at $359,700 were divested by the 10% Owner at a price of $23.98 per share. As a result of the transaction, L6 Holdings Inc. now holds 1,980,000 shares, worth roughly $45.94 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 fall -1.78% to $23.2. Over the last five days, the stock has gained 3.57%. TruBridge Inc shares have risen nearly 121.16% since the year began. Nevertheless, the stocks have risen 17.65% over the past one year. While a 52-week high of $32.00 was reached on 03/11/25, a 52-week low of $9.75 was recorded on 01/02/25.
Levels Of Support And Resistance For TBRG Stock
The 24-hour chart illustrates a support level at 22.74, which if violated will result in even more drops to 22.28. On the upside, there is a resistance level at 23.83. A further resistance level may holdings at 24.45.
How much short interest is there in TruBridge Inc?
A steep rise in short interest was recorded in TruBridge Inc stocks on 2025-06-13, growing by 29127.0 shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 0.76 million shares. There was a rise of 3.7%, which implies that there is a positive sentiment for the stock.
