Tactile Systems Technology, Inc. (NASDAQ:TCMD) To Release Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) To Release Earnings”

This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell. The company has market cap of $470.71 million. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. "(TCMD) VP Bryan Rishe Sells 1,500 Shares of Stock" was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. The stock was sold at an average price of $31.56, for a total value of $47,340.00.

COPYRIGHT VIOLATION WARNING: "Bryan Rishe Sells 1,500 Shares of Tactile Systems Technology, Inc".

On 11/1/2017 Lynn Larson Blake, CFO, sold 682 with an average share price of $28.63 per share and the total transaction amounting to $19,525.66. For the week, the stock is performing 1.53%. The biggest holder now is Mr. Gerald R. Mattys who owns 312,400 shares (1.77% of those outstanding), whilst Mr. Robert J. Folkes holds 127,382 (0.72% of shares outstanding) and Kevin H. Roche holds 126,784 (0.72% of shares outstanding). See which 3 stocks are most likely to make moves following their insider activities. The shares were sold at an average price of $32.77, for a total value of $49,155.00. Qualys had 53 analyst reports since August 4, 2015 according to SRatingsIntel. The stock was sold at an average price of $33.57, for a total value of $50,355.00.

The biggest institutional shareholders in Tactile Systems Technology, Inc. include Radius Venture Partners III, LLC which owns 2 million shares in the company valued at $32.92 million. (NASDAQ:TCMD) traded down $2.41 on Wednesday, hitting $24.29. The stock had a trading volume of 245,566 shares, compared to its average volume of 211,948. The company reported $0.07 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.02. The company had revenue of $28.28 million for the quarter, compared to analyst estimates of $27.66 million. During the same period in the previous year, the company posted $0.01 earnings per share.

Analysts await Tactile Systems Technology Inc (NASDAQ:TCMD) to report earnings on November, 9. If you are accessing this news story on another website, it was copied illegally and republished in violation of USA & worldwide copyright and trademark laws.

The stock of Tactile Systems Technology Inc (NASDAQ:TCMD) is a huge mover today! Investors and analysts will be closely monitoring company shares as we approach the next earnings report date. Finally, BTIG Research cut Tactile Systems Technology from a "buy" rating to a "neutral" rating in a research report on Monday, September 18th. As per Monday, August 22, the company rating was initiated by Piperjaffray. The company was upgraded on Thursday, October 6 by Argus Research. They set a "buy" rating and a $47.00 price target on the stock. In the case of TCMD, the data has a lot to say about how the stock might perform going forward.

MGM Resorts International is a holding company. They issued a "buy" rating and a $47.00 target price for the company. Their average price target spell out an upbeat performance - a 53% and would give TCMD a market capitalization of almost $650.14M. The shares price has directed 32.91% toward a higher level throughout a year ago and swapped 8.98% toward a strong spot during past one month. Similar statistics are true for the second largest owner, Peregrine Capital Management Llc, which owns 548,760 shares of the stock are valued at $14.65 million.

On Wednesday, September 20th, Bryan Rishe sold 1,500 shares of Tactile Systems Technology stock. Russell Investments Group Ltd. acquired a new stake in shares of Tactile Systems Technology during the 2nd quarter valued at $13,304,000. Over the past month the firm's stock is -14.86%, -19.02% for the last quarter, 22.20% for the past six-months and 51.96% for the a year ago. The Company's products deliver long-term treatment of chronic diseases.

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