Key Points
- Pinetree Capital Ltd. purchased 20,707 TruBridge shares on Nov. 17 at an average price of $20.42 (~$422,837), boosting its direct stake to 837,860 shares valued at about $17.11 million (a 2.53% increase).
- Pinetree accumulated shares in multiple trades from Nov. 12–19 — including 21,035 on Nov. 13 and 18,933 on Nov. 14 — adding over 80,000 shares during the period.
- TruBridge shares opened near $20.79 (down ~1.5%); the company has a market cap of ~$312M, recently beat quarterly EPS estimates ($0.88 vs. $0.40), and holds an analyst consensus rating of Hold with a $25.50 target.
TruBridge, Inc. (NASDAQ:TBRG - Get Free Report) major shareholder Pinetree Capital Ltd. bought 20,707 shares of the firm's stock in a transaction dated Monday, November 17th. The shares were purchased at an average price of $20.42 per share, with a total value of $422,836.94. Following the acquisition, the insider directly owned 837,860 shares in the company, valued at approximately $17,109,101.20. This trade represents a 2.53% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Pinetree Capital Ltd. also recently made the following trade(s):
- On Wednesday, November 19th, Pinetree Capital Ltd. purchased 8,501 shares of TruBridge stock. The stock was acquired at an average price of $20.70 per share, for a total transaction of $175,970.70.
- On Wednesday, November 19th, Pinetree Capital Ltd. purchased 8,501 shares of TruBridge stock. The shares were acquired at an average cost of $20.70 per share, for a total transaction of $175,970.70.
- On Tuesday, November 18th, Pinetree Capital Ltd. acquired 3,639 shares of TruBridge stock. The stock was acquired at an average cost of $20.84 per share, with a total value of $75,836.76.
- On Tuesday, November 18th, Pinetree Capital Ltd. bought 3,639 shares of TruBridge stock. The stock was acquired at an average cost of $20.84 per share, for a total transaction of $75,836.76.
- On Friday, November 14th, Pinetree Capital Ltd. bought 18,933 shares of TruBridge stock. The shares were acquired at an average price of $20.23 per share, for a total transaction of $383,014.59.
- On Thursday, November 13th, Pinetree Capital Ltd. purchased 21,035 shares of TruBridge stock. The stock was bought at an average price of $20.41 per share, with a total value of $429,324.35.
- On Wednesday, November 12th, Pinetree Capital Ltd. acquired 8,935 shares of TruBridge stock. The stock was bought at an average cost of $19.94 per share, for a total transaction of $178,163.90.
TruBridge Trading Down 1.5%
Shares of TBRG opened at $20.79 on Thursday. TruBridge, Inc. has a 12 month low of $15.69 and a 12 month high of $32.00. The stock's 50-day moving average is $20.15 and its two-hundred day moving average is $21.60. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.80 and a quick ratio of 1.79. The stock has a market cap of $312.04 million, a PE ratio of -24.92 and a beta of 0.57.
TruBridge (NASDAQ:TBRG - Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.40 by $0.48. The business had revenue of $86.11 million for the quarter, compared to the consensus estimate 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. Equities analysts forecast that TruBridge, Inc. will post 0.07 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the stock. Weiss Ratings reissued a "sell (e+)" rating on shares of TruBridge in a research report on Friday, October 31st. BMO Capital Markets started coverage on shares of TruBridge in a report on Thursday, November 13th. They issued a "market perform" rating and a $19.50 price objective on the stock. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, TruBridge currently has an average rating of "Hold" and a consensus target price of $25.50.
Read Our Latest Report on TBRG
Hedge Funds Weigh In On TruBridge
Institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC lifted its stake in TruBridge by 89.9% in the second quarter. Acadian Asset Management LLC now owns 253,665 shares of the company's stock valued at $5,937,000 after buying an additional 120,106 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of TruBridge by 77.6% in the second quarter. Geode Capital Management LLC now owns 268,548 shares of the company's stock valued at $6,291,000 after buying an additional 117,298 shares during the period. Invesco Ltd. boosted its position in shares of TruBridge by 177.7% during the 1st quarter. Invesco Ltd. now owns 151,489 shares of the company's stock valued at $4,169,000 after purchasing an additional 96,931 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in TruBridge during the third quarter worth approximately $1,911,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of TruBridge in the 2nd quarter worth $1,792,000. 88.64% of the stock is owned by institutional investors.
About TruBridge
(
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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