Key Points
- Insider buying: Director Michael Daughton bought multiple tranches of TruBridge stock between Nov 11–17 — including 2,500 shares on Nov 14 at $20.15 — with filings showing purchases totaling about 50,000 shares at roughly $19.39–$20.46, increasing his stake in the company.
- Earnings beat and market reaction: TruBridge reported Q3 EPS of $0.88 versus estimates of $0.40 and revenue of $86.11M, and the stock traded up about 2.9% to $21.11 (market cap ~$316.8M; P/E -25.13).
- Analyst and ownership backdrop: Analysts are mixed (consensus rating: "Hold", $25.50 target) while institutional investors own a large majority of the shares (88.64%).
TruBridge, Inc. (NASDAQ:TBRG - Get Free Report) insider Michael Daughton acquired 2,500 shares of the company's stock in a transaction dated Friday, November 14th. The shares were bought at an average price of $20.15 per share, for a total transaction of $50,375.00. Following the purchase, the insider owned 39,992 shares in the company, valued at approximately $805,838.80. This represents a 6.67% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Michael Daughton also recently made the following trade(s):
- On Monday, November 17th, Michael Daughton bought 17,500 shares of TruBridge stock. The shares were purchased at an average price of $20.46 per share, for a total transaction of $358,050.00.
- On Thursday, November 13th, Michael Daughton purchased 4,354 shares of TruBridge stock. The stock was purchased at an average price of $20.16 per share, with a total value of $87,776.64.
- On Wednesday, November 12th, Michael Daughton acquired 10,167 shares of TruBridge stock. The shares were purchased at an average price of $19.95 per share, for a total transaction of $202,831.65.
- On Tuesday, November 11th, Michael Daughton bought 15,479 shares of TruBridge stock. The stock was purchased at an average cost of $19.39 per share, for a total transaction of $300,137.81.
TruBridge Trading Up 2.9%
TruBridge stock opened at $21.11 on Wednesday. The stock has a 50-day simple moving average of $20.13 and a 200 day simple moving average of $21.61. The stock has a market capitalization of $316.84 million, a P/E ratio of -25.13 and a beta of 0.57. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.79 and a current ratio of 1.80. TruBridge, Inc. has a 52 week low of $15.69 and a 52 week high of $32.00.
TruBridge (NASDAQ:TBRG - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.48. The firm had revenue of $86.11 million for the quarter, compared to analyst estimates of $85.56 million. TruBridge had a positive return on equity of 3.30% and a negative net margin of 3.63%. TruBridge has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts expect that TruBridge, Inc. will post 0.07 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. BMO Capital Markets assumed coverage on shares of TruBridge in a research report on Thursday, November 13th. They issued a "market perform" rating and a $19.50 price objective on the stock. Weiss Ratings reissued a "sell (e+)" rating on shares of TruBridge in a report on Friday, October 31st. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $25.50.
Read Our Latest Research Report on TruBridge
Institutional Trading of TruBridge
Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of TruBridge by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 755,373 shares of the company's stock worth $15,236,000 after purchasing an additional 4,884 shares in the last quarter. Nellore Capital Management LLC raised its position in shares of TruBridge by 9.2% in the third quarter. Nellore Capital Management LLC now owns 747,032 shares of the company's stock valued at $15,068,000 after buying an additional 63,111 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of TruBridge by 15.5% in the third quarter. Dimensional Fund Advisors LP now owns 470,593 shares of the company's stock valued at $9,492,000 after buying an additional 63,112 shares during the period. Martin & Co. Inc. TN boosted its stake in shares of TruBridge by 14.7% in the third quarter. Martin & Co. Inc. TN now owns 425,009 shares of the company's stock valued at $8,572,000 after buying an additional 54,401 shares during the period. Finally, Kennedy Capital Management LLC increased its stake in TruBridge by 14.9% during the 3rd quarter. Kennedy Capital Management LLC now owns 276,940 shares of the company's stock worth $5,586,000 after acquiring an additional 35,872 shares during the period. Institutional investors own 88.64% of the company's stock.
TruBridge Company Profile
(
Get Free Report)
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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