Royce & Associates LP Makes New Investment in Tandem Diabetes Care, Inc. $TNDM

Market Beat
2026.03.05 11:09
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Royce & Associates LP has acquired a new position in Tandem Diabetes Care, Inc. (NASDAQ:TNDM), purchasing 510,000 shares valued at approximately $6.19 million. This investment represents about 0.75% of the company. Other institutional investors have also increased their stakes in Tandem. The stock opened at $23.41, with a market cap of $1.60 billion and a P/E ratio of -7.63. Analysts have set various price targets, with a consensus rating of "Hold" and a target price of $28.11.