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TruBridge enters cooperation pact and refreshes board leadership

Story Highlights
  • TruBridge struck a governance deal with Pinetree, adding Damien Leonard to its board.
  • The pact drives a multi-year board refresh and tighter shareholder alignment to support TruBridge’s growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TruBridge enters cooperation pact and refreshes board leadership

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An announcement from TruBridge ( (TBRG) ) is now available.

On January 7, 2026, TruBridge entered into a cooperation agreement with its largest shareholder, Pinetree Capital and L6 Holdings, under which the company will expand its board to appoint Pinetree president Damien Leonard as an independent director effective January 12, 2026, with a seat on the compensation committee, and implement a phased board refresh that will see several long-serving directors, including long-time member David Dye, not stand for re-election at the 2026 and 2027 annual meetings. The agreement, which caps the board at seven members after the 2026 annual meeting and includes standstill, voting and non-disparagement commitments from Pinetree, tightens alignment between TruBridge and its largest shareholder, signaling a governance reset aimed at bolstering operational effectiveness, capital allocation discipline and the company’s longer-term growth strategy for shareholders, while Leonard has also indicated he will waive his director fees.

The most recent analyst rating on (TBRG) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on TruBridge stock, see the TBRG Stock Forecast page.

Spark’s Take on TBRG Stock

According to Spark, TipRanks’ AI Analyst, TBRG is a Neutral.

TruBridge’s strong revenue growth and improved cash flow are significant positives, but profitability concerns and high valuation weigh on the overall score. The technical indicators are favorable, and recent corporate events enhance financial flexibility, supporting future growth prospects.

To see Spark’s full report on TBRG stock, click here.

More about TruBridge

TruBridge, Inc. is a healthcare solutions company that supports rural and community healthcare providers across the United States with a mix of technology, services and strategic expertise. Its offerings include revenue cycle management, electronic health records and analytics, all tailored to help smaller hospitals remain financially viable and maintain local, community-based care, and it serves more than 1,500 clients nationwide.

Average Trading Volume: 88,064

Technical Sentiment Signal: Hold

Current Market Cap: $325.5M

For detailed information about TBRG stock, go to TipRanks’ Stock Analysis page.

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