Tactile Systems Technology Inc
NASDAQ:TCMD
During the last 3 months Tactile Systems Technology Inc insiders have not bought any shares, and sold 810.4k USD worth of shares. The stock price has dropped by 24% over this period (open performance analysis).
The last transaction was made on
Feb 25, 2025
by
Birkemeyer Elaine M.
(Chief Financial Officer)
, who
sold
30k USD
worth of TCMD shares.
During the last 3 months Tactile Systems Technology Inc insiders have not bought any shares, and sold 810.4k USD worth of shares. The stock price has dropped by 24% over this period (open performance analysis).
The last transaction was made on
Feb 25, 2025
by
Birkemeyer Elaine M.
(Chief Financial Officer)
, who
sold
30k USD
worth of TCMD shares.
Tactile Systems Technology Inc
Glance View
Tactile Systems Technology, Inc. is a medical technology company. The company is headquartered in Minneapolis, Minnesota and currently employs 988 full-time employees. The company went IPO on 2016-07-28. Its therapeutic focus is vascular disease, for treating lymphedema and chronic venous insufficiency. The company is a manufacturer and distributor of the Flexitouch and Entre systems, medical devices that help control symptoms of lymphedema, a chronic and progressive medical condition. Its at-home Flexitouch system provides automated, at-home lymphatic drainage therapy. Its Flexitouch Plus system is an automated, programmable, pneumatic compression device (APCD), designed for the treatment of lymphedema in the home setting. Its Entre system is a pneumatic compression device used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company possesses a platform to deliver at-home healthcare solutions directly to patients throughout the United States.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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