Guardian Pharmacy Services (NYSE:GRDN) Trading 3.8% Higher – What’s Next?

Shares of Guardian Pharmacy Services, Inc. (NYSE:GRDN) were up 3.8% on Tuesday . The company traded as high as $21.46 and last traded at $21.34. Approximately 20,571 shares traded hands during trading, a decline of 87% from the average daily volume of 155,852 shares. The stock had previously closed at $20.55.

Guardian Pharmacy Services Price Performance

The business has a 50-day moving average price of $20.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GRDN. Royce & Associates LP bought a new position in Guardian Pharmacy Services during the third quarter worth about $1,260,000. Foundry Partners LLC bought a new position in Guardian Pharmacy Services during the third quarter worth about $1,680,000. Maven Securities LTD bought a new position in shares of Guardian Pharmacy Services in the third quarter valued at approximately $3,033,000. Point72 DIFC Ltd bought a new position in shares of Guardian Pharmacy Services in the third quarter valued at approximately $573,000. Finally, Wellington Management Group LLP bought a new position in shares of Guardian Pharmacy Services in the third quarter valued at approximately $8,400,000.

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.