Guardian Pharmacy Services (NYSE:GRDN) Earns Buy Rating from Analysts at Truist Financial

Analysts at Truist Financial assumed coverage on shares of Guardian Pharmacy Services (NYSE:GRDN) in a research note issued on Monday, MarketBeat.com reports. The brokerage set a “buy” rating and a $22.00 price target on the stock. Truist Financial’s target price indicates a potential upside of 22.15% from the company’s current price.

Guardian Pharmacy Services Stock Up 0.1 %

GRDN opened at $18.01 on Monday. Guardian Pharmacy Services has a 52-week low of $14.16 and a 52-week high of $20.10.

Insider Transactions at Guardian Pharmacy Services

In related news, Director Thomas J. Salentine, Jr. purchased 35,714 shares of the firm’s stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of $14.00 per share, with a total value of $499,996.00. Following the completion of the purchase, the director now owns 35,714 shares of the company’s stock, valued at approximately $499,996. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Trading of Guardian Pharmacy Services

A hedge fund recently bought a new stake in Guardian Pharmacy Services stock. Seven Grand Managers LLC purchased a new position in Guardian Pharmacy Services, Inc. (NYSE:GRDN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 149,700 shares of the company’s stock, valued at approximately $2,515,000. Seven Grand Managers LLC owned approximately 0.24% of Guardian Pharmacy Services at the end of the most recent quarter.

Guardian Pharmacy Services Company Profile

Guardian Pharmacy Services, Inc, a pharmacy service company, provides a suite of technology-enabled services designed to help residents of long-term health care facilities (LTCFs) in the United States. Its individualized clinical, drug dispensing, and administration capabilities are used to serve the needs of residents in lower acuity LTCFs, such as assisted living facilities and behavioral health facilities and group homes.