Tenet Healthcare (NYSE:THC) Shares Unloaded Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Tenet Healthcare Corporation (NYSE:THC). In a filing disclosed on May 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Tenet Healthcare stock on April 20th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

  • Sold $50,001 – $100,000 in shares of Visa (NYSE:V) on 4/24/2026.
  • Sold $1,001 – $15,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 4/24/2026.
  • Purchased $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 4/20/2026.
  • Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 4/15/2026.
  • Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of BP (NYSE:BP) on 3/19/2026.
  • Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/9/2026.

Tenet Healthcare Stock Performance

Shares of NYSE:THC traded up $1.63 during trading on Friday, hitting $174.83. 1,420,925 shares of the company traded hands, compared to its average volume of 1,469,041. The stock has a market capitalization of $15.06 billion, a price-to-earnings ratio of 9.09, a PEG ratio of 1.14 and a beta of 1.30. Tenet Healthcare Corporation has a one year low of $146.60 and a one year high of $247.21. The company has a quick ratio of 1.30, a current ratio of 1.36 and a debt-to-equity ratio of 1.96. The business’s fifty day moving average is $189.94 and its 200-day moving average is $201.87.

Tenet Healthcare (NYSE:THCGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $4.82 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.61. The firm had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $5.39 billion. Tenet Healthcare had a return on equity of 25.55% and a net margin of 7.94%.The firm’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $4.36 EPS. Tenet Healthcare has set its FY 2026 guidance at 16.380-18.68 EPS. As a group, equities analysts predict that Tenet Healthcare Corporation will post 17.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in THC. NewEdge Advisors LLC increased its stake in shares of Tenet Healthcare by 6.1% during the first quarter. NewEdge Advisors LLC now owns 2,890 shares of the company’s stock valued at $389,000 after acquiring an additional 166 shares during the period. Jones Financial Companies Lllp grew its position in Tenet Healthcare by 299.1% in the first quarter. Jones Financial Companies Lllp now owns 1,700 shares of the company’s stock worth $229,000 after buying an additional 1,274 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Tenet Healthcare in the second quarter worth approximately $290,000. Quantbot Technologies LP acquired a new position in Tenet Healthcare in the second quarter worth approximately $65,000. Finally, Amundi grew its position in Tenet Healthcare by 4,207.8% in the second quarter. Amundi now owns 27,010 shares of the company’s stock worth $4,652,000 after buying an additional 26,383 shares during the last quarter. Institutional investors and hedge funds own 95.44% of the company’s stock.

Insider Transactions at Tenet Healthcare

In other Tenet Healthcare news, Director Nadja West sold 3,000 shares of Tenet Healthcare stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $177.35, for a total value of $532,050.00. Following the transaction, the director owned 24,805 shares in the company, valued at approximately $4,399,166.75. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider R. Scott Ramsey sold 8,017 shares of Tenet Healthcare stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $232.70, for a total transaction of $1,865,555.90. The SEC filing for this sale provides additional information. Insiders have sold a total of 55,155 shares of company stock valued at $12,459,105 in the last 90 days. 0.97% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on THC. KeyCorp reduced their target price on shares of Tenet Healthcare from $250.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Jefferies Financial Group raised their price target on shares of Tenet Healthcare from $250.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Truist Financial raised their price target on shares of Tenet Healthcare from $240.00 to $270.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Guggenheim dropped their price target on shares of Tenet Healthcare from $283.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Finally, Barclays dropped their price target on shares of Tenet Healthcare from $257.00 to $238.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 5th. Nineteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $244.16.

Get Our Latest Stock Analysis on THC

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Tenet Healthcare

(Get Free Report)

Tenet Healthcare Corporation (NYSE: THC) is a diversified American healthcare services company that owns and operates acute care hospitals and a broad range of outpatient facilities. Its portfolio includes general acute-care hospitals, specialty hospitals, ambulatory surgery centers, urgent care and diagnostic imaging centers, and other ancillary service locations. Tenet’s operations are oriented around delivering inpatient and outpatient clinical care across multiple medical specialties, with an emphasis on surgical services, emergency care, and advanced diagnostics.

In addition to facility-based care, Tenet provides integrated services designed to support clinical operations and improve patient access and care coordination.

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