What happens to stocks if AI loses momentum?
Sheri Louise Dodd, Chief Executive Officer of Tactile Systems Technology Inc (NASDAQ:TCMD), sold 7,762 shares of common stock on August 8, 2025, at a price of $12.356, for a total of $95,907. According to InvestingPro data, the company shows strong financial health with a current ratio of 3.79x and holds more cash than debt on its balance sheet. The stock appears undervalued based on InvestingPro’s Fair Value analysis.
The sale was executed to cover taxes associated with the settlement of restricted stock units. Following the transaction, Dodd directly owns 173,479 shares of Tactile Systems Technology Inc. While this represents an insider sale, InvestingPro analysis reveals management has been actively buying back shares, with the company maintaining healthy profitability metrics including a 74.7% gross margin. InvestingPro subscribers have access to 11 additional key insights about TCMD’s financial performance and outlook.
In other recent news, Tactile Systems Technology reported its second-quarter financial results, revealing noteworthy developments. The company achieved revenue of $78.9 million, surpassing both Oppenheimer’s estimate of $74.1 million and consensus estimates of $73.9 million. Earnings per share (EPS) were reported at $0.14, exceeding some estimates but falling short of others, such as the $0.17 forecast. The revenue growth was supported by a 2% increase in core lymphedema revenue, reaching $66.0 million, and a significant 52% year-over-year increase in AffloVest sales, contributing $12.9 million. Despite the positive revenue performance, the earnings miss raised some concerns among investors. These developments highlight the mixed financial performance of Tactile Systems Technology in the recent quarter.
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