Tactile Systems Technology (NASDAQ:TCMD – Get Free Report) is projected to issue its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect Tactile Systems Technology to announce earnings of $0.14 per share and revenue of $85.5210 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, August 10, 2026 at 5:00 PM ET.
Tactile Systems Technology Stock Up 2.2%
TCMD opened at $29.50 on Friday. The company has a market capitalization of $665.52 million, a PE ratio of 33.52 and a beta of 0.81. The firm has a 50-day simple moving average of $28.03 and a two-hundred day simple moving average of $27.09. Tactile Systems Technology has a 52 week low of $12.01 and a 52 week high of $37.77.
Analysts Set New Price Targets
TCMD has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Tactile Systems Technology in a research note on Monday. B. Riley Financial upgraded Tactile Systems Technology from a “neutral” rating to a “buy” rating and increased their target price for the company from $32.00 to $36.00 in a research report on Thursday, May 7th. Finally, BTIG Research reissued a “buy” rating and issued a $40.00 target price on shares of Tactile Systems Technology in a report on Thursday, May 21st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $38.60.
Insider Buying and Selling
In other news, CFO Elaine M. Birkemeyer sold 4,631 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $24.49, for a total value of $113,413.19. Following the transaction, the chief financial officer directly owned 130,188 shares of the company’s stock, valued at approximately $3,188,304.12. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 2.10% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new stake in Tactile Systems Technology in the fourth quarter valued at approximately $7,700,000. Janus Henderson Group PLC acquired a new position in shares of Tactile Systems Technology during the 4th quarter worth approximately $5,503,000. Trexquant Investment LP acquired a new position in shares of Tactile Systems Technology during the 4th quarter worth approximately $4,895,000. Federated Hermes Inc. lifted its position in shares of Tactile Systems Technology by 42.7% during the 2nd quarter. Federated Hermes Inc. now owns 551,561 shares of the company’s stock valued at $5,593,000 after buying an additional 165,163 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Tactile Systems Technology during the 2nd quarter valued at approximately $1,464,000. 83.43% of the stock is currently owned by hedge funds and other institutional investors.
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.
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