Tenet Healthcare (THC) is up 4.1% today. Here is some analysis on what might have caused this price movement. ([ca.investing.com](https://ca.investing.com/news/stock-market-news/tenet-healthcare-at-wells-fargo-conference-highacuity-push-deepens-93CH-4833264))
Analysis: The move appears tied to two fresh catalysts: Tenet priced and upsized a $2.0 billion senior notes offering on September 8, 2026, and management highlighted strong execution, higher-acuity growth and disciplined costs at a healthcare conference on September 9, 2026. Together, those updates likely reinforced the market’s view that the company is still improving operations while actively managing its balance sheet. ([investor.tenethealth.com](https://investor.tenethealth.com/press-releases/press-release-details/2026/Tenet-Announces-Upsizing-and-Pricing-of-Its-2-0-Billion-Private-Offering-of-Senior-Notes/default.aspx))
Details:
Sources:
Tenet Healthcare, SEC, MarketScreener ([investor.tenethealth.com](https://investor.tenethealth.com/press-releases/press-release-details/2026/Tenet-Announces-Upsizing-and-Pricing-of-Its-2-0-Billion-Private-Offering-of-Senior-Notes/default.aspx))
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$THC Insider Trading Activity
$THC insiders have traded $THC stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $THC stock by insiders over the last 6 months:
- SAUMYA SUTARIA (CEO) has made 0 purchases and 5 sales selling 100,000 shares for an estimated $27,636,334.
- LISA Y FOO (EVP, Chief Operating Officer) has made 0 purchases and 2 sales selling 34,000 shares for an estimated $8,971,980.
- PAOLA M ARBOUR (EVP, Chief Information Officer) has made 0 purchases and 2 sales selling 17,378 shares for an estimated $4,202,939.
- TAMMY ROMO has made 0 purchases and 2 sales selling 7,422 shares for an estimated $1,952,221.
- JAMES L BIERMAN sold 5,000 shares for an estimated $1,224,800
- J ROBERT KERREY has made 0 purchases and 5 sales selling 5,638 shares for an estimated $983,920.
- CHRISTOPHER S. LYNCH sold 3,837 shares for an estimated $934,079
- NADJA WEST has made 0 purchases and 2 sales selling 4,152 shares for an estimated $830,187.
- CECIL D HANEY sold 1,300 shares for an estimated $361,438
- ROY BLUNT sold 600 shares for an estimated $157,608
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$THC Hedge Fund Activity
We have seen 325 institutional investors add shares of $THC stock to their portfolio, and 432 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 3,782,034 shares (-48.6%) from their portfolio in Q2 2026, for an estimated $707,542,920
- LONE PINE CAPITAL LLC removed 2,258,717 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $422,560,776
- WELLINGTON MANAGEMENT GROUP LLP removed 2,137,500 shares (-91.2%) from their portfolio in Q2 2026, for an estimated $399,883,500
- D. E. SHAW & CO., INC. removed 1,159,115 shares (-97.4%) from their portfolio in Q2 2026, for an estimated $216,847,234
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,036,753 shares (+154.3%) to their portfolio in Q2 2026, for an estimated $193,955,751
- MANNING & NAPIER ADVISORS LLC added 901,645 shares (+inf%) to their portfolio in Q2 2026, for an estimated $168,679,746
- PENTWATER CAPITAL MANAGEMENT LP added 765,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $143,116,200
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$THC Government Contracts
We have seen $225,000 of award payments to $THC over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- STERILE PROCESSING SERVICES: $90,000
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$THC Congressional Stock Trading
Members of Congress have traded $THC stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $THC stock by members of Congress over the last 6 months:
- REPRESENTATIVE JONATHAN L. JACKSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $65,000 on 04/20, 04/15.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$THC Price Targets
Multiple analysts have issued price targets for $THC recently. We have seen 8 analysts offer price targets for $THC in the last 6 months, with a median target of $234.5.
Here are some recent targets:
- Andrew Mok from Barclays set a target price of $240.0 on 07/09/2026
- Ryan Langston from TD Cowen set a target price of $233.0 on 06/22/2026
- Michael Ha from Baird set a target price of $210.0 on 05/05/2026
- Raj Kumar from Stephens & Co. set a target price of $260.0 on 05/04/2026
- Stephen Baxter from Wells Fargo set a target price of $213.0 on 05/01/2026
- Matthew Gillmor from Keybanc set a target price of $225.0 on 05/01/2026
- Jason Cassorla from Guggenheim set a target price of $252.0 on 05/01/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
