Company Tactile Systems Technology, Inc.

Equities

TCMD

US87357P1003

Medical Equipment, Supplies & Distribution

Market Closed - Nasdaq 04:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
14.14 USD -0.14% Intraday chart for Tactile Systems Technology, Inc. -6.05% -1.12%

Business Summary

Tactile Systems Technology, Inc., doing business as Tactile Medical, is a medical technology company providing therapies for people with chronic disorders. The Company's areas of therapeutic focus are vascular disease, oncology and providing airway clearance therapy for those suffering from chronic respiratory conditions. It is developing and marketing at-home therapies for people suffering from underserved, chronic conditions including lymphedema, lipedema, chronic venous insufficiency and chronic pulmonary disease. It markets Flexitouch Plus and Entre Plus systems as at-home therapies for the treatment of lymphedema and chronic venous insufficiency. The Company markets AffloVest as an at-home therapy intended to promote airway clearance. Its Flexitouch Plus system is a fully automated, programmable, advanced pneumatic compression device. The Company's Entre system is a basic pneumatic compression device. Kylee, its free mobile application, helps patients learn about lymphedema.

Number of employees: 992

Sales per Business

USD in Million2022Weight2023Weight Delta
Lymphedema
88.1 %
212 86.0 % 242 88.1 % +13.88%
Airway Clearance
11.9 %
35 14.0 % 33 11.9 % -5.26%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
247 100.0 % 274 100.0 % +11.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 20-06-07
Director of Finance/CFO 49 23-03-19
Chief Operating Officer - 21-10-31
Compliance Officer - 04-03-31
Chief Tech/Sci/R&D Officer 53 21-03-21
Sales & Marketing 55 23-07-30
Human Resources Officer - 22-09-30

Members of the board

Members of the board TitleAgeSince
Chairman 64 15-08-31
Director/Board Member 65 17-09-19
Director/Board Member 59 23-10-01
Director/Board Member 66 22-01-04
Chief Executive Officer 61 20-06-07
Director/Board Member 64 22-01-04
Director/Board Member 58 20-12-31
Director/Board Member 63 23-01-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 23,759,462 22,714,054 ( 95.60 %) 0 95.60 %

Shareholders

NameEquities%Valuation
First Light Asset Management LLC
12.12 %
2,859,954 12.12 % 46 M $
BlackRock Advisors LLC
9.912 %
2,339,388 9.912 % 38 M $
Cadian Capital Management LP
7.394 %
1,745,000 7.394 % 28 M $
Vanguard Fiduciary Trust Co.
5.805 %
1,370,016 5.805 % 22 M $
Dimensional Fund Advisors LP
3.303 %
779,585 3.303 % 13 M $
729,713 3.092 % 12 M $
Perceptive Advisors LLC
2.996 %
707,159 2.996 % 11 M $
Geode Capital Management LLC
2.177 %
513,697 2.177 % 8 M $
Kennedy Capital Management LLC
2.158 %
509,234 2.158 % 8 M $
Royce & Associates LP
2.145 %
506,221 2.145 % 8 M $

Company contact information

Tactile Systems Technology, Inc.

3701 Wayzata Boulevard Suite 300

55416, Minneapolis

+612 355 5100

http://www.tactilesystems.com
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