Tabula Rasa HealthCare Inc (NASDAQ:TRHC) insider Andrea Carolan Speers sold 1,022 shares of the stock in a transaction dated Thursday, January 3rd. The shares were sold at an average price of $58.08, for a total value of $59,357.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
NASDAQ:TRHC opened at $66.00 on Monday. Tabula Rasa HealthCare Inc has a 52-week low of $28.55 and a 52-week high of $91.16. The company has a market cap of $1.35 billion, a P/E ratio of -1,650.00, a PEG ratio of 4.20 and a beta of 2.45. The company has a current ratio of 0.49, a quick ratio of 0.46 and a debt-to-equity ratio of 0.28.
Tabula Rasa HealthCare (NASDAQ:TRHC) last announced its earnings results on Tuesday, November 6th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.07. Tabula Rasa HealthCare had a positive return on equity of 7.63% and a negative net margin of 13.49%. The company had revenue of $54.42 million for the quarter, compared to the consensus estimate of $52.87 million. During the same period last year, the business posted $0.08 EPS. The company’s revenue was up 66.3% on a year-over-year basis. On average, research analysts expect that Tabula Rasa HealthCare Inc will post 0.42 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the business. Sei Investments Co. acquired a new stake in shares of Tabula Rasa HealthCare in the 2nd quarter valued at approximately $1,098,000. Rhumbline Advisers raised its holdings in Tabula Rasa HealthCare by 34.5% during the second quarter. Rhumbline Advisers now owns 36,119 shares of the company’s stock worth $2,305,000 after purchasing an additional 9,272 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in Tabula Rasa HealthCare during the second quarter worth $207,000. State Board of Administration of Florida Retirement System acquired a new position in Tabula Rasa HealthCare during the second quarter worth $428,000. Finally, Bank of New York Mellon Corp raised its holdings in Tabula Rasa HealthCare by 34.2% during the second quarter. Bank of New York Mellon Corp now owns 214,062 shares of the company’s stock worth $13,664,000 after purchasing an additional 54,507 shares during the last quarter. Institutional investors own 74.87% of the company’s stock.
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About Tabula Rasa HealthCare
Tabula Rasa HealthCare, Inc operates as a healthcare technology company in the United States. It offers medication risk management, pharmacy cost management, and medicare risk adjustment services. The company offers its technology-enabled products and services to prescribers, pharmacists, and healthcare organizations for medication risk management and risk adjustment.
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