Tactile Systems Technology (NASDAQ:TCMD) CFO Elaine Birkemeyer Sells 4,631 Shares of Stock

Posted by George Bondi on May 14th, 2026

Tactile Systems Technology, Inc. (NASDAQ:TCMD – Get Free Report) CFO Elaine Birkemeyer sold 4,631 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $24.49, for a total transaction of $113,413.19. Following the transaction, the chief financial officer directly owned 130,188 shares in the company, valued at approximately $3,188,304.12. The trade was a 3.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Tactile Systems Technology Stock Performance

Shares of TCMD opened at $23.29 on Thursday. The firm has a market cap of $525.33 million, a PE ratio of 26.47 and a beta of 0.82. The firm’s 50 day moving average price is $25.77 and its 200 day moving average price is $26.52. Tactile Systems Technology, Inc. has a twelve month low of $9.34 and a twelve month high of $37.77.

Tactile Systems Technology (NASDAQ:TCMD – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.01). The business had revenue of $75.27 million for the quarter, compared to the consensus estimate of $70.57 million. Tactile Systems Technology had a net margin of 5.91% and a return on equity of 9.70%. On average, sell-side analysts anticipate that Tactile Systems Technology, Inc. will post 1.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

TCMD has been the topic of several recent research reports. B. Riley Financial raised shares of Tactile Systems Technology from a “neutral” rating to a “buy” rating and raised their price objective for the company from $32.00 to $36.00 in a research report on Thursday, May 7th. Weiss Ratings lowered shares of Tactile Systems Technology from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Lake Street Capital set a $40.00 price target on shares of Tactile Systems Technology and gave the company a “buy” rating in a research report on Wednesday, February 18th. BTIG Research lifted their price target on shares of Tactile Systems Technology from $38.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Piper Sandler lifted their price target on shares of Tactile Systems Technology from $35.00 to $42.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.60.

Check Out Our Latest Stock Report on TCMD

Hedge Funds Weigh In On Tactile Systems Technology

A number of institutional investors have recently modified their holdings of the company. Sei Investments Co. raised its position in shares of Tactile Systems Technology by 101.5% in the first quarter. Sei Investments Co. now owns 65,511 shares of the company’s stock valued at $1,711,000 after purchasing an additional 32,995 shares during the period. First Trust Advisors LP raised its position in shares of Tactile Systems Technology by 28.9% in the first quarter. First Trust Advisors LP now owns 20,994 shares of the company’s stock valued at $549,000 after purchasing an additional 4,712 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Tactile Systems Technology in the first quarter worth $464,000. Summit Securities Group LLC acquired a new stake in shares of Tactile Systems Technology in the first quarter worth $75,000. Finally, Range Financial Group LLC grew its stake in shares of Tactile Systems Technology by 4.5% in the first quarter. Range Financial Group LLC now owns 46,560 shares of the company’s stock worth $1,217,000 after acquiring an additional 2,026 shares during the last quarter. Institutional investors own 83.43% of the company’s stock.

About Tactile Systems Technology

(Get Free Report)

Tactile Systems Technology, Inc, headquartered in Plymouth, Minnesota, is a medical device company specializing in the design, manufacture and marketing of home-use pneumatic compression therapy systems for the treatment of lymphedema and other chronic edema-related conditions. Using proprietary software and patented pump technologies, the company’s platforms are designed to improve patient outcomes through sequential pressure treatment that promotes fluid mobilization and enhanced lymphatic function.

At the core of Tactile Systems’ product portfolio is the Flexitouch® system, a programmable pneumatic pump and garment system approved for home use, and the Aria® device, which features an intuitive touchscreen interface and advanced garment design.