Truist Financial Begins Coverage on Guardian Pharmacy Services (NYSE:GRDN)

Truist Financial started coverage on shares of Guardian Pharmacy Services (NYSE:GRDN) in a research report issued on Monday, Briefing.com reports. The firm set a “buy” rating and a $22.00 price target on the stock. Truist Financial’s target price points to a potential upside of 24.43% from the stock’s current price.

Guardian Pharmacy Services Stock Up 1.7 %

Shares of NYSE GRDN opened at $17.68 on Monday. Guardian Pharmacy Services has a twelve month low of $14.16 and a twelve month high of $20.10.

Insider Buying and Selling

In other Guardian Pharmacy Services news, Director Thomas J. Salentine, Jr. bought 35,714 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of $14.00 per share, for a total transaction of $499,996.00. Following the completion of the purchase, the director now directly owns 35,714 shares in the company, valued at $499,996. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Guardian Pharmacy Services

An institutional investor recently bought a new position in Guardian Pharmacy Services stock. Seven Grand Managers LLC bought a new stake 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 bought 149,700 shares of the company’s stock, valued at approximately $2,515,000. Seven Grand Managers LLC owned about 0.24% of Guardian Pharmacy Services as of its most recent filing with the Securities and Exchange Commission.

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.