Tactile Systems Technology (NASDAQ:TCMD) CEO Sheri Louise Dodd Sells 10,978 Shares of Stock

Tactile Systems Technology, Inc. (NASDAQ:TCMD) CEO Sheri Louise Dodd sold 10,978 shares of the firm’s stock in a transaction on 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 directly owned 232,907 shares of the company’s stock, valued at approximately $6,856,782.08. This represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Tactile Systems Technology Stock Performance

Shares of Tactile Systems Technology stock opened at $24.51 on Thursday. Tactile Systems Technology, Inc. has a 1 year low of $12.25 and a 1 year high of $37.77. The firm’s 50-day simple moving average is $28.13 and its 200-day simple moving average is $26.98. The firm has a market cap of $555.15 million, a PE ratio of 22.69 and a beta of 0.81.

Tactile Systems Technology (NASDAQ:TCMD) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.20. The firm had revenue of $85.70 million for the quarter, compared to analysts’ expectations of $85.52 million. Tactile Systems Technology had a return on equity of 11.62% and a net margin of 7.10%. On average, equities analysts predict that Tactile Systems Technology, Inc. will post 1.05 earnings per share for the current year.

Tactile Systems Technology News Summary

Here are the key news stories impacting Tactile Systems Technology this week:

• Positive Sentiment: Q2 earnings beat expectations: Tactile Systems reported adjusted earnings of $0.34 per share, well above the $0.14 analyst consensus. Revenue was $85.7 million, narrowly exceeding estimates of $85.52 million, providing a favorable catalyst for TCMD. Tactile Systems Technology Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Analyst remains bullish: BTIG Research maintained a “buy” rating and lowered its price target modestly to $39 from $40. The revised target still implies substantial upside from recent trading levels, supporting investor confidence in the stock’s valuation potential.
• Positive Sentiment: Management discussed the quarter on the earnings call: The Q2 call gives investors additional context on operating performance, business trends and the company’s outlook following the earnings beat. Tactile Systems Technology Q2 2026 Earnings Call Summary
• Neutral Sentiment: CEO stock sale was tax-related: CEO Sheri Louise Dodd sold 10,978 shares worth approximately $323,000, reducing her ownership by 4.5%. The filing stated that the sale covered tax withholding tied to vested equity awards, making it a less concerning signal than a discretionary insider sale. SEC insider transaction filing
• Neutral Sentiment: Short-interest data is inconclusive: Reported short interest was zero, unchanged from the prior period, indicating no measurable bearish positioning; however, the accompanying percentage-change figure was not meaningful because both reported totals were zero.

Wall Street Analyst Weigh In

TCMD has been the topic of several research analyst reports. B. Riley Financial raised shares of Tactile Systems Technology from a “neutral” rating to a “buy” rating and raised their target price for the company from $32.00 to $36.00 in a research note on Thursday, May 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Tactile Systems Technology in a research report on Monday, August 3rd. Finally, BTIG Research lowered their price target on Tactile Systems Technology from $40.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Tactile Systems Technology has a consensus rating of “Moderate Buy” and an average price target of $38.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. LSV Asset Management lifted its stake in shares of Tactile Systems Technology by 119.8% in the fourth quarter. LSV Asset Management now owns 323,004 shares of the company’s stock valued at $9,367,000 after buying an additional 176,059 shares during the period. Vanguard Group Inc. grew its holdings in shares of Tactile Systems Technology by 4.8% during the 4th quarter. Vanguard Group Inc. now owns 1,651,170 shares of the company’s stock worth $47,884,000 after purchasing an additional 76,198 shares in the last quarter. RFG Advisory LLC acquired a new stake in shares of Tactile Systems Technology during the 4th quarter worth approximately $1,529,000. Segall Bryant & Hamill LLC bought a new stake in shares of Tactile Systems Technology during the first quarter valued at approximately $1,290,000. Finally, Janus Henderson Group PLC raised its stake in shares of Tactile Systems Technology by 67.4% in the first quarter. Janus Henderson Group PLC now owns 317,695 shares of the company’s stock valued at $8,301,000 after purchasing an additional 127,942 shares in the last quarter. 83.43% of the stock is currently owned by institutional investors and hedge funds.

Tactile Systems Technology Company Profile

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.