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

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Tenet Healthcare Corporation (NYSE:THC). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Tenet Healthcare stock on February 11th. The trade occurred in the Representative’s “MORGAN STANLEY – ROLLOVER IRA” account.

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

• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $50,001 – $100,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.
• Sold $50,001 – $100,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/5/2026.

Tenet Healthcare Stock Performance

Shares of THC traded up $0.71 during trading hours on Wednesday, hitting $200.34. The company’s stock had a trading volume of 52,041 shares, compared to its average volume of 1,042,215. The company has a market cap of $17.42 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 0.98 and a beta of 1.39. The company has a debt-to-equity ratio of 2.18, a current ratio of 1.76 and a quick ratio of 1.68. The business has a 50 day simple moving average of $213.92 and a two-hundred day simple moving average of $205.23. Tenet Healthcare Corporation has a 52-week low of $109.82 and a 52-week high of $247.21.

Tenet Healthcare (NYSE:THC) last released its quarterly earnings data on Wednesday, February 11th. The company reported $4.70 EPS for the quarter, topping the consensus estimate of $4.08 by $0.62. Tenet Healthcare had a net margin of 6.60% and a return on equity of 26.33%. The company had revenue of $5.53 billion during the quarter, compared to the consensus estimate of $5.47 billion. During the same period last year, the firm earned $3.44 EPS. Tenet Healthcare’s revenue for the quarter was up 8.9% on a year-over-year basis. Tenet Healthcare has set its FY 2026 guidance at 16.190-18.470 EPS. On average, equities analysts expect that Tenet Healthcare Corporation will post 12.24 earnings per share for the current fiscal year.

Institutional Trading of Tenet Healthcare

A number of large investors have recently modified their holdings of the business. Triumph Capital Management bought a new position in shares of Tenet Healthcare in the third quarter worth approximately $25,000. Activest Wealth Management bought a new stake in Tenet Healthcare during the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new position in Tenet Healthcare in the 4th quarter worth approximately $29,000. William B. Walkup & Associates Inc. purchased a new stake in shares of Tenet Healthcare during the 3rd quarter valued at $32,000. Finally, Westside Investment Management Inc. lifted its holdings in shares of Tenet Healthcare by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 192 shares of the company’s stock worth $39,000 after acquiring an additional 96 shares during the last quarter. Institutional investors own 95.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. TD Cowen reiterated a “buy” rating on shares of Tenet Healthcare in a research report on Thursday, February 12th. Morgan Stanley restated an “overweight” rating and issued a $260.00 target price on shares of Tenet Healthcare in a research note on Thursday, February 12th. Wells Fargo & Company reiterated an “overweight” rating and set a $265.00 price target on shares of Tenet Healthcare in a research report on Monday, February 16th. Royal Bank Of Canada increased their price target on shares of Tenet Healthcare from $253.00 to $277.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Finally, Barclays boosted their price objective on shares of Tenet Healthcare from $240.00 to $257.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Tenet Healthcare presently has an average rating of “Moderate Buy” and an average price target of $250.56.

Insider Activity at Tenet Healthcare

In related news, EVP Thomas W. Arnst sold 24,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $234.04, for a total transaction of $5,616,960.00. Following the transaction, the executive vice president directly owned 8,012 shares of the company’s stock, valued at approximately $1,875,128.48. This trade represents a 74.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider R. Scott Ramsey sold 8,017 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $232.70, for a total value of $1,865,555.90. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,517 shares of company stock valued at $10,943,111 over the last 90 days. 0.81% 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.

About Tenet Healthcare

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.