Guardian Pharmacy Services (NYSE:GRDN) Shares Up 3.8% – What’s Next?

Shares of Guardian Pharmacy Services, Inc. (NYSE:GRDN) were up 3.8% during mid-day trading on Tuesday . The stock traded as high as $21.46 and last traded at $21.34. Approximately 20,571 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 155,852 shares. The stock had previously closed at $20.55.

Guardian Pharmacy Services Price Performance

The business’s 50 day simple moving average is $20.42.

Institutional Investors Weigh In On Guardian Pharmacy Services

Institutional investors have recently modified their holdings of the business. Nuveen Asset Management LLC raised its position in Guardian Pharmacy Services by 2.9% in the 4th quarter. Nuveen Asset Management LLC now owns 547,140 shares of the company’s stock worth $11,085,000 after buying an additional 15,550 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new position in shares of Guardian Pharmacy Services during the fourth quarter valued at approximately $455,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Guardian Pharmacy Services in the fourth quarter worth approximately $98,000. Lazard Asset Management LLC raised its stake in Guardian Pharmacy Services by 0.5% during the fourth quarter. Lazard Asset Management LLC now owns 190,797 shares of the company’s stock valued at $3,865,000 after purchasing an additional 860 shares in the last quarter. Finally, J. Goldman & Co LP lifted its position in Guardian Pharmacy Services by 1.5% during the fourth quarter. J. Goldman & Co LP now owns 762,347 shares of the company’s stock valued at $15,445,000 after purchasing an additional 11,263 shares during the last 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.