Tactile Systems Technology (NASDAQ:TCMD) Trading Down 9.6% - Time to Sell?

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Tactile Systems Technology (NASDAQ:TCMD) saw its stock price decline by 9.6% on Thursday, with trading volume significantly below its daily average. Despite beating earnings estimates and analysts maintaining a “Moderate Buy” consensus with an average target of $37.40, a notable insider share sale occurred. The company, a medical device firm specializing in compression therapy systems, has a market capitalization of $674.44 million and is 83.43% institutionally owned.

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