Envestnet Asset Management Inc. Cuts Stock Position in Tandem Diabetes Care, Inc. $TNDM
Envestnet Asset Management Inc. has reduced its stake in Tandem Diabetes Care, Inc. by 15% in the third quarter, selling 41,678 shares and now holding 236,332 shares valued at approximately $2.87 million. Despite beating quarterly EPS and revenue estimates, the medical device company remains unprofitable. Analysts currently have a "Hold" rating on Tandem Diabetes Care with a consensus target price of $28.00.
https://www.marketbeat.com/instant-alerts/filing-envestnet-asset-management-inc-cuts-stock-position-in-tandem-diabetes-care-inc-tndm-2026-02-26/