Tactile systems CEO Sheri Dodd sells $323,242 in company stock
Tactile Systems Technology Inc. CEO Sheri Dodd sold 10,978 shares of the company's common stock on August 10, 2026, for a total of approximately $323,242. The sale occurred as Dodd covered taxes associated with the settlement of stock units, following a recent decline in TCMD shares by around 18%. Despite this, the stock has shown a 95% return over the past year and is currently considered undervalued by InvestingPro analysis.
Additionally, Tactile Medical reported strong second-quarter results, surpassing Wall Street expectations with adjusted earnings of $0.34 per share and revenue of $85.7 million, indicating growth in lymphedema sales and improved gross margins.
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