TruBridge, Inc. (NASDAQ:TBRG – Get Free Report) major shareholder L6 Holdings Inc. bought 25,500 shares of the firm’s stock in a transaction on Monday, March 25th. The shares were purchased at an average cost of $9.38 per share, with a total value of $239,190.00. Following the transaction, the insider now directly owns 1,517,700 shares in the company, valued at approximately $14,236,026. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% 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 Thursday, March 21st, L6 Holdings Inc. acquired 40,000 shares of TruBridge stock. The stock was purchased at an average cost of $9.44 per share, for a total transaction of $377,600.00.
- On Monday, March 18th, L6 Holdings Inc. acquired 60,044 shares of TruBridge stock. The shares were bought at an average price of $9.91 per share, for a total transaction of $595,036.04.
- On Thursday, March 14th, L6 Holdings Inc. acquired 128,814 shares of TruBridge stock. The stock was purchased at an average cost of $9.23 per share, with a total value of $1,188,953.22.
- On Tuesday, March 12th, L6 Holdings Inc. bought 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 Up 5.2 %
TruBridge stock opened at $9.56 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.31 and a quick ratio of 2.30. TruBridge, Inc. has a one year low of $7.55 and a one year high of $30.96. The firm has a market capitalization of $138.72 million, a PE ratio of -3.03 and a beta of 0.62.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald reissued an “overweight” rating and issued a $24.00 price target on shares of TruBridge in a research report on Tuesday, March 5th.
Check Out Our Latest Analysis on TBRG
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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