12.2 C
New York
Monday, June 5, 2023

Insights Into Tandem Diabetes Care Inc. (TNDM) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Tandem Diabetes Care Inc. (TNDM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.07%, to $28.20. The Tandem Diabetes Care Inc. has recorded 19,173 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Tandem Diabetes Care to Present at the Jefferies Healthcare Conference.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

Tandem Diabetes Care Inc. is listed on the NASDAQ in the Healthcare sector while operating in the Medical Devices industry. At the end of the last regular session, the stock closed at $28.18 and fluctuated between $29.22 as its day high and $28.05 as its day low. The current market capitalization of Tandem Diabetes Care Inc. is $1.92B. A total of 0.65 million shares were traded on the day, compared to an average of 1.36M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TNDM has seen 9 BUY and 9 SELL insider trades, representing the acquisition of 13,536 and the disposition of 11,368 shares. Over the last 12 months, there were 63 BUYs and 58 SELLs from insiders. Insiders purchased 70,010 shares during that period but sold 54,805.

In the most recent transaction, Allen Dick bought 10,000 shares of TNDM for 29.47 per share on May 18. After the transaction, the Director now owns 12,205 company shares. In a previous transaction on May 17, Howell Peyton R bought 3,000 shares at 30.16 per share. TNDM shares that Director owns now total 8,550.

Among the insiders who bought shares, Vosseller Leigh acquired of 3,015 shares on May 12 at a per-share price of $32.77. This resulted in the EVP & CHIEF FINANCIAL OFFICER holding 5,660 shares of TNDM after the transaction. In another insider transaction, BERGER DAVID B sold 10,000 shares at $41.19 per share on Mar 03. Company shares held by the EVP & Chief Operating Officer now total 3,365.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TNDM in the last 3 months, the mean price target is $53.79 with high estimates of $74.00 and low estimates of $33.00. In terms of 52-week highs and lows, TNDM has a high of $75.47 and a low of $28.02.

As of this writing, TNDM has an earnings estimate of -$0.52 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of -$0.38 per share and a lower estimate of -$0.63. The company reported an EPS of -$0.25 in the last quarter, which was -316.70% lower than expectations of -$0.06.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TNDM’s latest balance sheet shows that the firm has $623.81M in Cash & Short Term Investments as of fiscal 2021. There were $314.67M in debt and $131.86M in liabilities at the time. Its Book Value Per Share was $5.25, while its Total Shareholder’s Equity was $433.11M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TNDM is Buy with a score of 3.90.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles