Tenet Healthcare (NYSE:THC) Shares Unloaded Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Tenet Healthcare Corporation (NYSE:THC). In a filing disclosed on May 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Tenet Healthcare stock on April 20th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Visa (NYSE:V) on 4/24/2026.
• Sold $1,001 – $15,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 4/24/2026.
• Purchased $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 4/20/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 4/15/2026.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/20/2026.
• Sold $15,001 – $50,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of BP (NYSE:BP) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/9/2026.

Tenet Healthcare Stock Performance

NYSE THC opened at $174.83 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.30 and a debt-to-equity ratio of 1.96. The firm has a market capitalization of $15.06 billion, a price-to-earnings ratio of 9.09, a P/E/G ratio of 1.14 and a beta of 1.30. The firm’s 50 day simple moving average is $189.94 and its 200 day simple moving average is $201.87. Tenet Healthcare Corporation has a 1 year low of $146.60 and a 1 year high of $247.21.

Tenet Healthcare (NYSE:THC) last issued its earnings results on Thursday, April 30th. The company reported $4.82 earnings per share for the quarter, beating analysts’ consensus estimates of $4.21 by $0.61. The firm had revenue of $5.37 billion for the quarter, compared to analyst estimates of $5.39 billion. Tenet Healthcare had a net margin of 7.94% and a return on equity of 25.55%. The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the business posted $4.36 earnings per share. Tenet Healthcare has set its FY 2026 guidance at 16.380-18.68 EPS. As a group, research analysts expect that Tenet Healthcare Corporation will post 17.67 earnings per share for the current fiscal year.

Institutional Trading of Tenet Healthcare

Hedge funds have recently added to or reduced their stakes in the stock. WCM Investment Management LLC lifted its stake in shares of Tenet Healthcare by 244.4% during the 3rd quarter. WCM Investment Management LLC now owns 510,224 shares of the company’s stock valued at $102,657,000 after buying an additional 362,083 shares in the last quarter. AlphaQuest LLC increased its holdings in Tenet Healthcare by 238.3% during the 3rd quarter. AlphaQuest LLC now owns 5,965 shares of the company’s stock worth $1,211,000 after acquiring an additional 4,202 shares during the period. Winnow Wealth LLC bought a new stake in Tenet Healthcare during the 3rd quarter worth approximately $1,129,000. Savant Capital LLC increased its holdings in Tenet Healthcare by 27.5% during the 3rd quarter. Savant Capital LLC now owns 16,894 shares of the company’s stock worth $3,430,000 after acquiring an additional 3,647 shares during the period. Finally, Caption Management LLC purchased a new position in Tenet Healthcare in the 3rd quarter worth approximately $5,650,000. Institutional investors own 95.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Stephens reduced their price target on shares of Tenet Healthcare from $275.00 to $260.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Barclays reduced their price objective on shares of Tenet Healthcare from $257.00 to $238.00 and set an “overweight” rating for the company in a report on Tuesday, May 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Tenet Healthcare in a report on Friday, March 27th. TD Cowen reiterated a “buy” rating on shares of Tenet Healthcare in a report on Thursday, February 12th. Finally, Truist Financial lifted their price objective on shares of Tenet Healthcare from $240.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Nineteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $244.16.

Insider Activity at Tenet Healthcare

In related news, Director J Robert Kerrey sold 5,638 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $174.52, for a total value of $983,943.76. Following the completion of the transaction, the director directly owned 16,804 shares in the company, valued at approximately $2,932,634.08. The trade was a 25.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider R. Scott Ramsey sold 8,017 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.70, for a total transaction of $1,865,555.90. The SEC filing for this sale provides additional information. Insiders sold a total of 55,155 shares of company stock worth $12,459,105 in the last three months. 0.97% of the stock is owned by insiders.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

Tenet Healthcare Company Profile

Tenet Healthcare Corporation (NYSE: THC) is a diversified American healthcare services company that owns and operates acute care hospitals and a broad range of outpatient facilities. Its portfolio includes general acute-care hospitals, specialty hospitals, ambulatory surgery centers, urgent care and diagnostic imaging centers, and other ancillary service locations. Tenet’s operations are oriented around delivering inpatient and outpatient clinical care across multiple medical specialties, with an emphasis on surgical services, emergency care, and advanced diagnostics.

In addition to facility-based care, Tenet provides integrated services designed to support clinical operations and improve patient access and care coordination.