Guardian Pharmacy Services, Inc. (NYSE:GRDN) Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC reduced its position in shares of Guardian Pharmacy Services, Inc. (NYSE:GRDN) by 60.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 113,075 shares of the company’s stock after selling 170,284 shares during the period. Peregrine Capital Management LLC owned 0.18% of Guardian Pharmacy Services worth $2,291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in Guardian Pharmacy Services in the third quarter valued at $8,575,000. Wellington Management Group LLP acquired a new stake in shares of Guardian Pharmacy Services during the 3rd quarter worth about $8,400,000. Allspring Global Investments Holdings LLC purchased a new stake in Guardian Pharmacy Services in the 3rd quarter valued at about $5,460,000. Maven Securities LTD purchased a new stake in Guardian Pharmacy Services in the 3rd quarter valued at about $3,033,000. Finally, Foundry Partners LLC acquired a new position in Guardian Pharmacy Services in the third quarter valued at about $1,680,000.

Wall Street Analysts Forecast Growth

Separately, Truist Financial lifted their price target on shares of Guardian Pharmacy Services from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, November 15th.

Guardian Pharmacy Services Stock Up 4.6 %

GRDN opened at $20.96 on Thursday. Guardian Pharmacy Services, Inc. has a 52 week low of $14.16 and a 52 week high of $25.74. The stock’s fifty day moving average price is $21.27.

About Guardian Pharmacy Services

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.