Noteworthy Insider Transactions at Target Corporation (TGT), TJX Companies Inc. (TJX) and 3 Other Companies

The Man in Charge of This Provider of Healthcare IT Solutions Bought Some Shares Last Week

The President and Chief Executive Officer of Computer Programs & Systems Inc. (NASDAQ:CPSI), John B. Douglas Jr., filed Monday to disclose the purchase of 3,500 shares, which took place on Thursday, at prices that ranged from $41.93 to $42.05 per share. Mr. Douglas currently holds a direct ownership stake of 179,685 shares.

The shares of the provider of healthcare information technology (IT) solutions and services for rural and community hospitals and post-acute care facilities have dropped 12% since the start of 2016. In early January, Computer Programs & Systems Inc. (NASDAQ:CPSI) completed the acquisition of HHI and its wholly-owned subsidiaries Healthland, AHT and Rycan, which represented the first major acquisition in its entire history. The number of hedge funds monitored by Insider Monkey with stakes in the provider of healthcare IT solutions increased to 12 from nine during the March quarter. Israel Englander’s Millennium Management acquired a new stake of 13,670 shares of Computer Programs & Systems Inc. (NASDAQ:CPSI) during the previous quarter.

This Wound Care Provider’s CEO Can’t Stop Buying Shares

MiMedx Group Inc. (NASDAQ:MDXG)’s most influential executive has been on a buying spree in the past month or so. Chairman and Chief Executive Officer Parker H. Petit bought 20,000 shares on Friday for $6.99 each and 30,000 shares last Tuesday at $6.82 apiece. After the recent purchases, the CEO currently owns 5.01 million shares of MiMedx. Mr. Petit had purchased an additional 90,000 shares this May before the aforementioned transactions.

The developer and marketer of proprietary regenerative biomaterial products and bioimplants missed its first-quarter revenue projection, after meeting or exceeding revenue guidance for seven straight quarters. As a result, the share price of MiMedx Group Inc. (NASDAQ:MDXG)’s stock is down 21% year-to-date. The wound care provider recorded total revenue of $53.4 million for the three months that ended March 31, up from $40.8 reported a year ago. There were 12 ‘hedgies’ tracked by our team with long positions in MiMedx at the end of March. Leonard A. Potter’s Wildcat Capital Management was the owner of 955,365 shares of MiMedx Group Inc. (NASDAQ:MDXG) on March 31.