A number of firms have modified their ratings and price targets on shares of Tactile Systems Technology (NASDAQ: TCMD) recently:
- 11/8/2026 – Tactile Systems Technology was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 11/3/2026 – Tactile Systems Technology was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 11/3/2026 – Tactile Systems Technology had its price target lowered by BTIG Research from $35.00 to $31.00. They now have a “buy” rating on the stock.
- 10/31/2026 – Tactile Systems Technology was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 10/17/2026 – Tactile Systems Technology was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 10/13/2026 – Tactile Systems Technology was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 10/12/2026 – Tactile Systems Technology had its price target lowered by BTIG Research from $39.00 to $35.00. They now have a “buy” rating on the stock.
- 9/28/2026 – Tactile Systems Technology was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 9/26/2026 – Tactile Systems Technology was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 9/14/2026 – Tactile Systems Technology was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
Tactile Systems Technology Stock Up 2.2%
Tactile Systems Technology stock traded up $0.56 during trading hours on Monday, hitting $26.59. The stock had a trading volume of 167,667 shares, compared to its average volume of 303,476. The stock’s 50-day moving average price is $22.93 and its 200-day moving average price is $25.82. The stock has a market capitalization of $594.02 million, a P/E ratio of 25.82 and a beta of 0.95. Tactile Systems Technology, Inc. has a 12-month low of $20.53 and a 12-month high of $37.77.
Tactile Systems Technology (NASDAQ:TCMD – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.03. Tactile Systems Technology had a net margin of 6.68% and a return on equity of 10.73%. The company had revenue of $91.86 million during the quarter, compared to the consensus estimate of $91.99 million. On average, research analysts expect that Tactile Systems Technology, Inc. will post 1.11 EPS for the current fiscal year.
Insider Buying and Selling
In other Tactile Systems Technology news, Director Laura G. King sold 4,800 shares of Tactile Systems Technology stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $25.00, for a total value of $120,000.00. Following the completion of the sale, the director owned 20,769 shares of the company’s stock, valued at approximately $519,225. This trade represents a 18.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.10% of the company’s stock.
Tactile Systems Technology, doing business as Tactile Medical, develops and provides medical devices and services for people with chronic swelling and related conditions. The company focuses primarily on lymphedema and chronic venous insufficiency, conditions that can cause persistent fluid buildup in the limbs and trunk.
Its principal products include advanced pneumatic compression devices, such as the Flexitouch Plus system for the treatment of lymphedema and the Entre Plus system for home treatment of lymphedema and chronic venous insufficiency.
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