TruBridge, Inc. (NASDAQ:TBRG – Get Free Report) major shareholder L6 Holdings Inc. acquired 40,000 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were acquired at an average cost of $9.44 per share, with a total value of $377,600.00. Following the transaction, the insider now owns 1,451,200 shares in the company, valued at $13,699,328. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
L6 Holdings Inc. also recently made the following trade(s):
- On Monday, March 25th, L6 Holdings Inc. bought 25,500 shares of TruBridge stock. The stock was purchased at an average cost of $9.38 per share, with a total value of $239,190.00.
- On Monday, March 18th, L6 Holdings Inc. bought 60,044 shares of TruBridge stock. The stock was purchased at an average cost of $9.91 per share, with a total value of $595,036.04.
- On Thursday, March 14th, L6 Holdings Inc. purchased 128,814 shares of TruBridge stock. The stock was bought at an average price of $9.23 per share, for a total transaction of $1,188,953.22.
- On Tuesday, March 12th, L6 Holdings Inc. purchased 100,000 shares of TruBridge stock. The stock was bought at an average price of $9.88 per share, for a total transaction of $988,000.00.
TruBridge Stock Performance
Shares of TBRG stock opened at $9.56 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.30 and a current ratio of 2.31. The stock has a market capitalization of $138.72 million, a price-to-earnings ratio of -3.03 and a beta of 0.62. TruBridge, Inc. has a one year low of $7.55 and a one year high of $30.96.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald restated an “overweight” rating and set a $24.00 target price on shares of TruBridge in a research report on Tuesday, March 5th.
Check Out Our Latest Stock Analysis on TruBridge
TruBridge Company Profile
Computer Programs and Systems, Inc provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making.
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