TransMedics Group, Inc. (TMDX) shares are experiencing a notable uptick today, driven by recent institutional interest. Mutual of America Capital Management LLC has purchased a new stake in the company, acquiring 4,995 shares valued at approximately $784,000, as reported in their latest 13F filing. This move is part of a broader trend, with several other institutional investors and hedge funds increasing their positions in TransMedics during the third quarter. Such investments often signal confidence in the company's future prospects, potentially influencing retail investor sentiment positively.
TransMedics Group's stock is currently trading at $85.28, reflecting a 5.80% increase from its previous close of $80.61. The stock opened at $81.55 and has seen a 4.58% rise from the opening price.