TruBridge, Inc. (NASDAQ:TBRG – Get Free Report) major shareholder L6 Holdings Inc. purchased 25,500 shares of the stock in a transaction dated Monday, March 25th. The shares were acquired at an average price of $9.38 per share, with a total value of $239,190.00. Following the transaction, the insider now owns 1,517,700 shares in the company, valued at $14,236,026. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
L6 Holdings Inc. also recently made the following trade(s):
- On Thursday, March 21st, L6 Holdings Inc. acquired 40,000 shares of TruBridge stock. The stock was acquired at an average cost of $9.44 per share, for a total transaction of $377,600.00.
- On Monday, March 18th, L6 Holdings Inc. bought 60,044 shares of TruBridge stock. The shares were acquired at an average price 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. acquired 100,000 shares of TruBridge stock. The stock was bought at an average price of $9.88 per share, with a total value of $988,000.00.
TruBridge Stock Performance
Shares of NASDAQ TBRG opened at $9.56 on Thursday. TruBridge, Inc. has a 52-week low of $7.55 and a 52-week high of $30.96. The company has a quick ratio of 2.30, a current ratio of 2.31 and a debt-to-equity ratio of 1.05. The company has a market cap of $138.72 million, a P/E ratio of -3.03 and a beta of 0.62.
Analyst Upgrades and Downgrades
Separately, Cantor Fitzgerald restated an “overweight” rating and set a $24.00 target price on shares of TruBridge in a report on Tuesday, March 5th.
Get Our Latest Stock Report on TruBridge
About TruBridge
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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