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 May 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Tenet Healthcare stock on April 15th. 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 Visa (NYSE:V) on 4/24/2026.
• Sold $1,001 – $15,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 4/24/2026.
• Sold $15,001 – $50,000 in shares of Tenet Healthcare (NYSE:THC) on 4/20/2026.
• Purchased $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 4/20/2026.
• 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

Shares of NYSE THC traded up $1.63 during mid-day trading on Friday, reaching $174.83. 1,420,925 shares of the company were exchanged, compared to its average volume of 1,469,041. The company’s 50-day simple moving average is $189.94 and its 200-day simple moving average is $201.87. The company has a quick ratio of 1.30, a current ratio of 1.36 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $15.06 billion, a P/E ratio of 9.09, a P/E/G ratio of 1.14 and a beta of 1.30. Tenet Healthcare Corporation has a twelve month low of $146.60 and a twelve month high of $247.21.

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

Hedge Funds Weigh In On Tenet Healthcare

Several hedge funds have recently bought and sold shares of the company. Cozad Asset Management Inc. increased its holdings in Tenet Healthcare by 4.4% in the 1st quarter. Cozad Asset Management Inc. now owns 6,390 shares of the company’s stock valued at $1,206,000 after buying an additional 267 shares during the period. Kentucky Retirement Systems bought a new stake in shares of Tenet Healthcare during the 1st quarter valued at approximately $1,546,000. Bull Harbor Capital LLC bought a new stake in shares of Tenet Healthcare during the 1st quarter valued at approximately $720,000. Amundi grew its holdings in shares of Tenet Healthcare by 6.6% during the 1st quarter. Amundi now owns 71,308 shares of the company’s stock valued at $13,457,000 after purchasing an additional 4,404 shares during the last quarter. Finally, Talon Private Wealth LLC bought a new stake in shares of Tenet Healthcare during the 1st quarter valued at approximately $3,218,000. 95.44% of the stock is owned by institutional investors.

Insider Activity at Tenet Healthcare

In related news, EVP Thomas W. Arnst sold 8,000 shares of Tenet Healthcare stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $238.85, for a total transaction of $1,910,800.00. Following the sale, the executive vice president directly owned 12 shares of the company’s stock, valued at approximately $2,866.20. The trade was a 99.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Nadja West sold 3,000 shares of Tenet Healthcare stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $177.35, for a total transaction of $532,050.00. Following the sale, the director directly owned 24,805 shares in the company, valued at $4,399,166.75. This trade represents a 10.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 55,155 shares of company stock worth $12,459,105 in the last ninety days. Insiders own 0.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on THC. TD Cowen restated a “buy” rating on shares of Tenet Healthcare in a research note on Thursday, February 12th. Morgan Stanley set a $254.00 price target on shares of Tenet Healthcare in a research report on Friday, May 1st. Wells Fargo & Company lowered their price target on shares of Tenet Healthcare from $265.00 to $213.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. UBS Group raised their price target on shares of Tenet Healthcare from $260.00 to $288.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Mizuho raised their price target on shares of Tenet Healthcare from $235.00 to $265.00 and gave the stock an “outperform” rating in a research report on Thursday, March 12th. Nineteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Tenet Healthcare currently has a consensus rating of “Moderate Buy” and an average target price of $244.16.

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.