2 weeks Ago By ABMN Staff
Bank of Montreal Can lowered its position in shares of TruBridge, Inc. ( NASDAQ:TBRG – Free Report ) by 61.7% in the fourth quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 16,413 shares of the company’s stock after selling 26,400 shares during the quarter. Bank of Montreal Can’s holdings in TruBridge were worth $324,000 as of its most recent SEC filing. A number of other hedge funds have also bought and sold shares of TBRG.
State Street Corp acquired a new stake in shares of TruBridge during the 3rd quarter worth approximately $829,000. Jane Street Group LLC acquired a new position in shares of TruBridge during the 3rd quarter worth $400,000. Barclays PLC acquired a new stake in TruBridge in the third quarter valued at about $150,000.
Geode Capital Management LLC bought a new position in TruBridge in the third quarter valued at about $1,747,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of TruBridge by 73.
4% in the 3rd quarter. JPMorgan Chase & Co. now owns 112,240 shares of the company’s stock valued at $1,342,000 after purchasing an additional 47,507 shares in the last quarter.
88.64% of the stock is owned by institutional investors. TruBridge Stock Up 1.
5 % TruBridge stock opened at $24.94 on Thursday. The company has a quick ratio of 1.
78, a current ratio of 1.80 and a debt-to-equity ratio of 1.00.
The company has a market capitalization of $372.83 million, a PE ratio of -6.10, a PEG ratio of 5.
38 and a beta of 0.64. The firm’s fifty day moving average is $27.
09 and its 200 day moving average is $21.42. TruBridge, Inc.
has a 12-month low of $7.61 and a 12-month high of $32.00.
Wall Street Analysts Forecast Growth Get Our Latest Stock Report on TBRG Insider Activity In related news, CEO Christopher L. Fowler sold 5,100 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $27.
02, for a total transaction of $137,802.00. Following the transaction, the chief executive officer now directly owns 142,939 shares of the company’s stock, valued at $3,862,211.
78. This trade represents a 3.45 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, major shareholder Pinetree Capital Ltd. acquired 6,795 shares of the business’s stock in a transaction on Tuesday, February 18th.
The stock was acquired at an average cost of $28.16 per share, for a total transaction of $191,347.20.
Following the transaction, the insider now owns 729,176 shares of the company’s stock, valued at approximately $20,533,596.16. The trade was a 0.
94 % increase in their position. The disclosure for this purchase can be found here . Over the last 90 days, insiders have purchased 116,728 shares of company stock worth $3,239,879.
Company insiders own 10.70% of the company’s stock. TruBridge Profile ( Free Report ) TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally.
The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence. Read More Want to see what other hedge funds are holding TBRG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TruBridge, Inc. ( NASDAQ:TBRG – Free Report ). Receive News & Ratings for TruBridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TruBridge and related companies with MarketBeat.
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