TruBridge (NASDAQ:TBRG – Get Free Report)‘s stock had its “overweight” rating reaffirmed by investment analysts at Cantor Fitzgerald in a report released on Tuesday, Benzinga reports. They presently have a $13.00 price target on the stock. Cantor Fitzgerald’s target price indicates a potential upside of 6.30% from the company’s previous close.
Separately, Royal Bank of Canada lifted their target price on TruBridge from $13.00 to $14.00 and gave the company an “outperform” rating in a research report on Tuesday, August 13th.
Check Out Our Latest Report on TruBridge
TruBridge Stock Down 3.9 %
Insider Buying and Selling at TruBridge
In other news, major shareholder Pinetree Capital Ltd. acquired 14,084 shares of TruBridge stock in a transaction that occurred on Wednesday, June 5th. The shares were acquired at an average price of $9.72 per share, for a total transaction of $136,896.48. Following the transaction, the insider now directly owns 584,357 shares of the company’s stock, valued at approximately $5,679,950.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have purchased 139,140 shares of company stock worth $1,413,394 over the last quarter. Corporate insiders own 3.60% of the company’s stock.
TruBridge Company Profile
TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence.
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