Virtu Financial LLC Takes $383,000 Position in TruBridge, Inc. $TBRG

Key Points

• Virtu Financial LLC acquired 13,933 shares of TruBridge, Inc. (NASDAQ:TBRG), valued at approximately $383,000, during the first quarter.
• Several other institutional investors have increased their stakes in TruBridge, with a total institutional ownership of 88.64%.
• TruBridge's stock was trading at $19.28 with a market capitalization of $289.39 million, showing significant volatility over the past year with a high of $32.00 and a low of $11.39.

Virtu Financial LLC acquired a new stake in TruBridge, Inc. (NASDAQ:TBRG - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 13,933 shares of the company's stock, valued at approximately $383,000. Virtu Financial LLC owned about 0.09% of TruBridge as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its position in TruBridge by 47.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the company's stock valued at $43,000 after buying an additional 699 shares during the last quarter. Forest Hill Capital LLC grew its holdings in shares of TruBridge by 5.3% during the fourth quarter. Forest Hill Capital LLC now owns 148,184 shares of the company's stock worth $2,922,000 after buying an additional 7,500 shares in the last quarter. Schonfeld Strategic Advisors LLC bought a new position in shares of TruBridge during the fourth quarter worth about $556,000. OMERS ADMINISTRATION Corp bought a new position in shares of TruBridge during the fourth quarter worth about $211,000. Finally, Two Sigma Securities LLC acquired a new stake in shares of TruBridge in the fourth quarter valued at about $222,000. 88.64% of the stock is currently owned by institutional investors.

TruBridge Stock Up 0.6%

Shares of NASDAQ:TBRG traded up $0.1250 during midday trading on Tuesday, reaching $19.4650. The company had a trading volume of 35,801 shares, compared to its average volume of 168,970. The company has a quick ratio of 1.79, a current ratio of 1.80 and a debt-to-equity ratio of 0.94. The business's 50 day moving average price is $22.13 and its 200 day moving average price is $24.76. The stock has a market cap of $292.17 million, a PE ratio of -23.17 and a beta of 0.59. TruBridge, Inc. has a 1-year low of $11.39 and a 1-year high of $32.00.

TruBridge Profile

TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence.