Tactile Systems Technology (NASDAQ:TCMD) Stock Passes Below 50-Day Moving Average – Here’s Why

24 Apr 2026, 22:00 by Scott Moore · The Cerbat Gem

Shares of Tactile Systems Technology, Inc. (NASDAQ:TCMD – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $26.94 and traded as low as $24.74. Tactile Systems Technology shares last traded at $24.96, with a volume of 266,117 shares traded.

Analyst Ratings Changes

A number of brokerages recently issued reports on TCMD. Lake Street Capital set a $40.00 price target on shares of Tactile Systems Technology and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Zacks Research lowered shares of Tactile Systems Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Tactile Systems Technology in a research report on Friday, March 27th. Piper Sandler upped their target price on shares of Tactile Systems Technology from $35.00 to $42.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Finally, Raymond James Financial set a $35.00 price target on shares of Tactile Systems Technology in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $37.40.

View Our Latest Stock Report on TCMD

Tactile Systems Technology Stock Performance

The firm has a market capitalization of $570.34 million, a P/E ratio of 30.20 and a beta of 0.99. The stock has a fifty day moving average price of $26.87 and a two-hundred day moving average price of $25.63.

Tactile Systems Technology (NASDAQ:TCMD – Get Free Report) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.02. Tactile Systems Technology had a return on equity of 9.26% and a net margin of 5.79%.The firm had revenue of $103.59 million for the quarter, compared to analysts’ expectations of $93.80 million. As a group, research analysts anticipate that Tactile Systems Technology, Inc. will post 1.14 earnings per share for the current fiscal year.

Insider Activity at Tactile Systems Technology

In other Tactile Systems Technology news, CFO Elaine M. Birkemeyer sold 7,701 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $28.94, for a total value of $222,866.94. Following the transaction, the chief financial officer owned 134,819 shares of the company’s stock, valued at $3,901,661.86. This trade represents a 5.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Kristie Burns sold 6,246 shares of Tactile Systems Technology stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $28.94, for a total value of $180,759.24. Following the completion of the transaction, the vice president owned 82,581 shares of the company’s stock, valued at approximately $2,389,894.14. The trade was a 7.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 50,137 shares of company stock valued at $1,434,839 in the last quarter. Insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TCMD. Next Century Growth Investors LLC acquired a new stake in Tactile Systems Technology in the fourth quarter worth $11,309,000. Marshall Wace LLP bought a new position in shares of Tactile Systems Technology during the fourth quarter worth about $7,700,000. Janus Henderson Group PLC bought a new position in shares of Tactile Systems Technology during the fourth quarter worth about $5,503,000. LSV Asset Management increased its holdings in shares of Tactile Systems Technology by 119.8% in the 4th quarter. LSV Asset Management now owns 323,004 shares of the company’s stock worth $9,367,000 after acquiring an additional 176,059 shares during the period. Finally, Trexquant Investment LP bought a new stake in Tactile Systems Technology in the 4th quarter valued at about $4,895,000. Institutional investors and hedge funds own 83.43% of the company’s stock.

About Tactile Systems Technology

(Get Free Report)

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.