Tactile Systems Technology (NASDAQ:TCMD) Downgraded by Wall Street Zen to “Buy”

Posted by Brenda Bartman on Aug 16th, 2026

Wall Street Zen downgraded shares of Tactile Systems Technology (NASDAQ:TCMD – Free Report) from a strong-buy rating to a buy rating in a research note released on Saturday.

Other research analysts also recently issued reports about the stock. B. Riley Financial upgraded shares of Tactile Systems Technology from a “neutral” rating to a “buy” rating and upped their target price for the company from $32.00 to $36.00 in a research report on Thursday, May 7th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tactile Systems Technology in a research note on Monday, August 3rd. Finally, BTIG Research cut their price objective on shares of Tactile Systems Technology from $40.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $38.40.

Check Out Our Latest Stock Analysis on Tactile Systems Technology

Tactile Systems Technology Price Performance

TCMD stock opened at $24.20 on Friday. The company has a 50 day moving average price of $28.08 and a 200 day moving average price of $26.92. Tactile Systems Technology has a fifty-two week low of $12.25 and a fifty-two week high of $37.77. The stock has a market capitalization of $548.13 million, a PE ratio of 22.41 and a beta of 0.81.

Tactile Systems Technology (NASDAQ:TCMD – Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.14 by $0.20. Tactile Systems Technology had a return on equity of 11.49% and a net margin of 7.10%.The company had revenue of $85.70 million during the quarter, compared to analysts’ expectations of $85.52 million. As a group, equities analysts expect that Tactile Systems Technology will post 1.07 earnings per share for the current fiscal year.

Insider Transactions at Tactile Systems Technology

In other Tactile Systems Technology news, CEO Sheri Louise Dodd sold 10,978 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $29.44, for a total transaction of $323,192.32. Following the transaction, the chief executive officer owned 232,907 shares in the company, valued at approximately $6,856,782.08. This trade represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 2.10% of the company’s stock.

Institutional Trading of Tactile Systems Technology

A number of hedge funds have recently modified their holdings of TCMD. Quantinno Capital Management LP boosted its stake in Tactile Systems Technology by 1.3% during the 1st quarter. Quantinno Capital Management LP now owns 53,612 shares of the company’s stock worth $1,401,000 after acquiring an additional 684 shares during the last quarter. Prudential Financial Inc. increased its stake in Tactile Systems Technology by 3.5% in the second quarter. Prudential Financial Inc. now owns 24,360 shares of the company’s stock valued at $247,000 after purchasing an additional 835 shares in the last quarter. Versant Capital Management Inc raised its holdings in Tactile Systems Technology by 36.4% in the second quarter. Versant Capital Management Inc now owns 3,285 shares of the company’s stock worth $98,000 after purchasing an additional 876 shares during the period. Strs Ohio raised its holdings in Tactile Systems Technology by 4.1% in the first quarter. Strs Ohio now owns 22,700 shares of the company’s stock worth $593,000 after purchasing an additional 900 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Tactile Systems Technology during the fourth quarter worth $32,000. 83.43% of the stock is currently owned by institutional investors and hedge funds.

Tactile Systems Technology Company Profile

(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.