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 $29,037 were sold by Birkemeyer Elaine M. on May 12 ’25. At $9.94 per share, Birkemeyer Elaine M. sold 2,921 shares. The insider’s holdings dropped to 99,111 shares worth approximately $1.0 million following the completion of this transaction.
Also, Birkemeyer Elaine M. purchased 2,921 shares, netting a total of over 29,037 in proceeds.
Before that, Dodd Sheri Louise had sold 3,149 shares from its account. In a trade valued at $30,955, the Chief Executive Officer traded Tactile Systems Technology Inc shares for $9.83 each. Upon closing the transaction, the insider’s holdings decreased to 3,149 shares, worth approximately $1.84 million.
As published in a research note from Piper Sandler on May 06, 2025, Tactile Systems Technology Inc [TCMD] has been rated down from an Overweight to a Neutral and the price target has been revised to $14. Analysts at B. Riley Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of November 05, 2024, Oppenheimer has decreased its “an Outperform” rating to a “Perform” for TCMD. Earlier on November 05, 2024, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for TCMD stock which previously was a “a Buy”.
Analyzing TCMD Stock Performance
The stock’s lowest price that day was $9.98, but it reached a high of $10.185 in the same session. During the last five days, there has been a drop of approximately -1.07%. Over the course of the year, Tactile Systems Technology Inc shares have dropped approximately -11.22%. Shares of the company reached a 52-week high of $18.51 on 01/30/25 and a 52-week low of $8.61 on 05/06/25.
Support And Resistance Levels for Tactile Systems Technology Inc (TCMD)
According to the 24-hour chart, there is a support level at 10.01, which, if violated, would cause prices to drop to 9.89. In the upper region, resistance lies at 10.22. The next price resistance is at 10.30. RSI (Relative Strength Index) is 45.96 on the 14-day chart, showing neutral technical sentiment.
Is Tactile Systems Technology Inc subject to short interest?
Stocks of Tactile Systems Technology Inc saw a sharp rise in short interest on 2025-06-13 jumping by 90210.0 shares to 2.42 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.33 million shares. A jump of 3.73% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 7.05 of the overall float, the days-to-cover ratio (short ratio) jumped to 7.05.
Which companies own the most shares of Tactile Systems Technology Inc (TCMD)?
In terms of Tactile Systems Technology Inc share price expectations, FactSet research, analysts set an average price target of 14 in the next 12 months, up nearly 38.2% from the previous closing price of $10.13. Analysts anticipate Tactile Systems Technology Inc stock to reach 14 by 2025, with the lowest price target being 14. In spite of this, 1 analysts ranked Tactile Systems Technology Inc stock as Buy at the end of 2025. On September 26, 2024, B. Riley Securities assigned a price target of “a Buy” to the stock and initiated coverage with a $23.
