Tactile Systems Technology Inc (NASDAQ:TCMD) Director Richard Nigon purchased 18,750 shares of Tactile Systems Technology stock in a transaction that occurred on Wednesday, September 14th. The stock was acquired at an average price of $16.87 per share, with a total value of $316,312.50. Following the transaction, the director now owns 8,322 shares in the company, valued at $140,392.14. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Tactile Systems Technology Inc (NASDAQ:TCMD) opened at 17.98 on Tuesday. The firm has a market capitalization of $301.56 million and a PE ratio of 290.00. Tactile Systems Technology Inc has a 52 week low of $10.00 and a 52 week high of $21.20. The firm has a 50-day moving average of $14.62 and a 200 day moving average of $14.44.

Several analysts recently commented on the stock. Piper Jaffray Cos. started coverage on shares of Tactile Systems Technology in a research report on Monday, August 22nd. They issued an “overweight” rating and a $17.00 price target for the company. BTIG Research started coverage on shares of Tactile Systems Technology in a research note on Monday, August 22nd. They issued a “buy” rating and a $18.00 price objective on the stock. Canaccord Genuity started coverage on shares of Tactile Systems Technology in a research note on Thursday, August 25th. They issued a “buy” rating and a $21.00 price objective on the stock. Finally, William Blair started coverage on shares of Tactile Systems Technology in a research note on Monday, August 22nd. They issued an “outperform” rating on the stock.

Tactile Systems Technology Company Profile

Tactile Systems Technology, Inc is a medical technology company. The Company develops and provides medical devices for the treatment of chronic diseases at home. The Company focuses on advancing the standard of care in treating chronic diseases in the home setting to improve patient outcomes and quality of life and help control rising healthcare expenditures.

5 Day Chart for NASDAQ:TCMD

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