Virtu Financial LLC Purchases Shares of 13,933 TruBridge, Inc. (NASDAQ:TBRG)

Virtu Financial LLC purchased a new stake in TruBridge, Inc. (NASDAQ:TBRG - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 13,933 shares of the company's stock, valued at approximately $383,000. Virtu Financial LLC owned 0.09% of TruBridge as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in TBRG. Renaissance Technologies LLC acquired a new position in shares of TruBridge during the fourth quarter worth approximately $335,000. Barclays PLC raised its position in shares of TruBridge by 218.5% during the fourth quarter. Barclays PLC now owns 39,996 shares of the company's stock worth $789,000 after purchasing an additional 27,437 shares during the period. Marshall Wace LLP raised its position in shares of TruBridge by 21.4% during the fourth quarter. Marshall Wace LLP now owns 67,855 shares of the company's stock worth $1,338,000 after purchasing an additional 11,962 shares during the period. Dimensional Fund Advisors LP raised its position in shares of TruBridge by 12.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 348,941 shares of the company's stock worth $6,881,000 after purchasing an additional 38,902 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in shares of TruBridge by 47.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the company's stock worth $43,000 after purchasing an additional 699 shares during the period. 88.64% of the stock is owned by institutional investors and hedge funds.

TruBridge Price Performance

Shares of NASDAQ:TBRG opened at $19.15 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.80 and a debt-to-equity ratio of 0.94. TruBridge, Inc. has a twelve month low of $11.39 and a twelve month high of $32.00. The stock's 50 day moving average is $22.32 and its 200-day moving average is $24.83. The firm has a market capitalization of $287.44 million, a price-to-earnings ratio of -22.80 and a beta of 0.59.

About TruBridge

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.