Market Cap
$20.6B
THC
TENET HEALTHCARE CORP
$258.05 ▲ +1.60%
Prev close $253.97Market cap$20.6B
ConsensusStrong Buy
12-mo target$284.64 (+10.3%)
▲ Bullish
Analyst conviction 9/10
Insider Selling Cluster (5 insiders)29 New Institutional Positions21 Institutional Exits Healthcare & Medical Devices
Snapshot
The big-picture read on THC right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Strong Buy (85%)
Inst. Holders
50 funds
Inst. Value
$10.9B
Inst. Activity
29 buys / 21 sells
Insider Activity
$0.00 buy / $51.5M sell
Insider Net $
-$51.5M
Social Sentiment
73° Bullish
SEC Reports
11
Congressional
3 trades
Price chart 30d -0.2%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 14, 2026 Insider
KERREY J ROBERT sold 2,502 shares
Director @ $264.62 ($662.1K)
Sep 14, 2026 Insider
KERREY J ROBERT sold 5,483 shares
Director @ $263.04 ($1.4M)
Sep 14, 2026 Insider
Sep 12, 2026 SEC KERREY J ROBERT sold 4,025 shares
Director @ $264.10 ($1.1M)
A federal district court granted a preliminary injunction against Tenet Healthcare, barring it from enforcing non-compet
COURT-RULING — Impact 2/10
Sep 11, 2026 Event
Whobrey v. Tenet Healthcare Corporation
Court ruling (tnwd) — Docket: 2:26-cv-02946
Sep 7, 2026 dark_pool
Sep 4, 2026 SEC Dark Pool: THC — 1.0M shares, 41,017 trades
Week starting 2026-09-07. Total ATS volume: 1,036,629 shares across 41,017 trades.
Two Tenet Healthcare insiders, including the COO, sold a combined $6.69M in open-market sales over a 3-day window. The C
CLUSTER — Impact 4/10
Tenet Healthcare insiders, including the CEO and COO, sold a total of $11.46M in stock over a one-week window. The CEO's
CLUSTER — Impact 3/10
Analyst ratings buy % -1.2%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
85% rate it Buy or better · 27 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 23, 2026 | BMO Capital | INITIATE | Market Perform | 53% |
| Sep 18, 2026 | Leerink Partners | MAINTAIN | Outperform | 49% |
| Aug 3, 2026 | Wells Fargo | MAINTAIN | Overweight | 54% |
| Jul 28, 2026 | Truist Securities | MAINTAIN | Buy | 55% |
| Jul 28, 2026 | Baird | MAINTAIN | Neutral | 54% |
| Jul 28, 2026 | Guggenheim | MAINTAIN | Buy | 52% |
| Jul 27, 2026 | UBS | MAINTAIN | Buy | 55% |
| Jul 27, 2026 | TD Cowen | MAINTAIN | Buy | 56% |
| Jul 27, 2026 | Morgan Stanley | MAINTAIN | Overweight | 55% |
| Jul 27, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 6 | 17 | 4 | 0 | 0 | 85% | |
| Aug 1, 2026 | 6 | 16 | 5 | 0 | 0 | 81% | |
| Jul 1, 2026 | 6 | 16 | 5 | 0 | 0 | 81% | |
| Jun 1, 2026 | 6 | 17 | 4 | 0 | 0 | 85% | |
| May 1, 2026 | 6 | 17 | 4 | 0 | 0 | 85% | |
| Apr 1, 2026 | 6 | 18 | 4 | 0 | 0 | 86% | |
| Mar 1, 2026 | 6 | 18 | 4 | 0 | 0 | 86% | |
| Feb 1, 2026 | 6 | 18 | 4 | 0 | 0 | 86% |
Price targets
Where 22 covering analysts think THC trades over the next 12 months.
$284.64 +10.3% upside Buy
Current$258.05 Low$260.00 Median$284.00 High$315.00 22 analysts
$260.00$315.00
Analyst rating Buy· 1.6/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
73°
Bullish
BearishNeutralBullish
Recent posts
a member of Congress with an 87% win rate over 118 disclosed trades went quiet for two years, then bought SpaceX on its first trading day
▲ 1 · 💬 0· ⚡ 0.5
THC/more drug testing from finger sweat
▲ 1 · 💬 0· ⚡ 0.5
THC finger sweat testing in minutes?
▲ 1 · 💬 0· ⚡ 0.5
Herbal Dispatch ($HERB / $LUFFF) Expands "House of Brands" Strategy with New Northern Drip Extracts Launch Becoming a True Brand Incubator with Strong Margins
▲ 1 · 💬 1· ⚡ 0.5
Federal CBD Health Insurance Plan Will Reportedly Allow THC Amount Far Exceeding Hemp Limit Signed By Trump - Marijuana Moment
▲ 1 · 💬 1· ⚡ 0.5
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
11 SEC filing reports analyzed · 0 bullish, 3 bearish, 0 mixed, 8 neutral · avg impact 3.4/10.
NEUTRALCOURT-RULING2/10
A federal district court granted a preliminary injunction against Tenet Healthcare, barring it from
Sep 12, 2026
NEUTRALCLUSTER4/10
Two Tenet Healthcare insiders, including the COO, sold a combined $6.69M in open-market sales over a
Sep 4, 2026
NEUTRALCLUSTER3/10
Tenet Healthcare insiders, including the CEO and COO, sold a total of $11.46M in stock over a one-we
Sep 2, 2026
BEARISHCLUSTER6/10
A cluster of insider selling at Tenet Healthcare, including CEO Saumya Sutaria's $4.71M open-market
Sep 1, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 11, 2026
Enforcement
Whobrey v. Tenet Healthcare Corporation
Court ruling (tnwd) — Docket: 2:26-cv-02946
Sep 7, 2026
dark_pool
Dark Pool: THC — 1.0M shares, 41,017 trades
Week starting 2026-09-07. Total ATS volume: 1,036,629 shares across 41,017 trades.
Aug 31, 2026
short_interest_report
Short Interest: THC down 25% to 1.9M shares
Settlement 2026-08-31 | Days to cover: 2.53 | ≈2.34% of shares outstanding (est.)
Aug 31, 2026
dark_pool
Dark Pool: THC — 1.1M shares, 45,375 trades
Week starting 2026-08-31. Total ATS volume: 1,098,027 shares across 45,375 trades.
Aug 24, 2026
dark_pool
Dark Pool: THC — 1.3M shares, 44,116 trades
Week starting 2026-08-24. Total ATS volume: 1,324,860 shares across 44,116 trades.
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $4.67 | $4.03–$5.04 | 26.3% | +0.0% | 1↑ 1↓ | $5.5B | 20 |
| Next Q | $5.67 | $5.18–$6.59 | 20.7% | -0.1% | 2↑ 0↓ | $5.8B | 20 |
| Current FY | $21.22 | $20.66–$21.65 | 26.5% | -0.0% | 1↑ 1↓ | $22.4B | 21 |
| Next FY | $21.08 | $18.89–$23.21 | -0.7% | +0.0% | 4↑ 1↓ | $22.5B | 21 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $4.673 | — |
| 7d ago | $4.671 | +0.001 |
| 30d ago | $4.671 | +0.001 |
| 60d ago | $4.643 | +0.030 |
| 90d ago | $4.103 | +0.569 |
Institutional ownership
Which big funds own THC (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $10.9B total value (55,618,313 shares) as of 2026-Q2. Top holders: Erste, BlackRock,, Boston. Net buying activity: 29 institutions added/increased vs 21 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| Erste Asset Management GmbH | 0 | $0.00 | 0.0% | — |
| BlackRock, Inc. | 8,743,005 | $1.6B | 15.0% | — |
| Boston Partners | 4,433,360 | $829.1M | 7.6% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4,238,108 | $792.9M | 7.3% | — |
| FMR LLC | 3,994,545 | $747.3M | 6.8% | TRIM -48.6% |
| VANGUARD CAPITAL MANAGEMENT LLC | 3,894,189 | $728.5M | 6.7% | — |
| PeakShares LLC | 2,753 | $515.0M | 4.7% | ADD +62.6% |
| STATE STREET CORP | 2,751,290 | $514.7M | 4.7% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 1,884,982 | $352.7M | 3.2% | — |
| CITADEL ADVISORS LLC | 1,765,596 | $330.3M | 3.0% | DOUBLED +321.6% |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| FMR LLC | TRIM | 7,776,579 | 3,994,545 | -48.6% | $747.3M |
| PeakShares LLC | ADD | 1,693 | 2,753 | +62.6% | $515.0M |
| CITADEL ADVISORS LLC | DOUBLED | 418,796 | 1,765,596 | +321.6% | $330.3M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | DOUBLED | 671,700 | 1,708,453 | +154.3% | $319.6M |
| VICTORY CAPITAL MANAGEMENT INC | ADD | 768,058 | 1,237,915 | +61.2% | $231.6M |
| NORGES BANK | NEW | — | 1,214,240 | — | $227.2M |
| ALLIANCEBERNSTEIN L.P. | ADD | 699,157 | 910,270 | +30.2% | $171.8M |
| Pentwater Capital Management LP | DOUBLED | 125,000 | 765,000 | +512.0% | $143.1M |
| UBS Group AG | ADD | 336,280 | 528,954 | +57.3% | $99.0M |
| MILLENNIUM MANAGEMENT LLC | ADD | 364,719 | 461,487 | +26.5% | $86.3M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
14 insiders, 50 transactions. Net -$51.5M — $0.00 bought, $51.5M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | KERREY J ROBERT | Director | SELL | 2,502 | $264.62 | $662.1K |
| Sep 14, 2026 | KERREY J ROBERT | Director | SELL | 5,483 | $263.04 | $1.4M |
| Sep 14, 2026 | KERREY J ROBERT | Director | SELL | 4,025 | $264.10 | $1.1M |
| Sep 10, 2026 | MARK RICHARD J | Director | SELL | 10,000 | $263.42 | $2.6M |
| Sep 2, 2026 | West Nadja | Director | SELL | 1,152 | $258.80 | $298.1K |
| Aug 31, 2026 | Foo Lisa Y | EVP, Chief Operating Officer | SELL | 24,000 | $266.32 | $6.4M |
| Aug 28, 2026 | HANEY CECIL D | Director | GIFT | 150 | — | — |
| Aug 25, 2026 | Sutaria Saumya | CEO | SELL | 7,899 | $275.26 | $2.2M |
| Aug 25, 2026 | Sutaria Saumya | CEO | SELL | 24,881 | $274.10 | $6.8M |
| Aug 25, 2026 | Sutaria Saumya | CEO | SELL | 17,220 | $273.34 | $4.7M |
Congressional trades
THC trades disclosed by members of Congress, with disclosure delay.
1 members · 0 buys / 3 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Apr 20, 2026 | Jonathan Jackson | D | HOUSE | SELL | $15,001 - $50,000 | Tenet Healthcare Corp | May 28, 2026(39d) |
| Apr 15, 2026 | Jonathan Jackson | D | HOUSE | SELL | $1,001 - $15,000 | Tenet Healthcare Corp | May 28, 2026(44d) |
| Feb 11, 2026 | Jonathan Jackson | D | HOUSE | SELL | $1,001 - $15,000 | Tenet Healthcare Corp | Mar 13, 2026(31d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for THC.
Shares short
2,015,270
Settlement Sep 15, 2026
Change vs prior
+6.8%
Semi-monthly cycle
Days to cover
2.8
At avg daily volume
Of shares outstanding
≈2.5%
Estimate — not % of float
All THC filing & press-release reports (11)
- COURT-RULING reportSep 12, 2026
- CLUSTER reportSep 4, 2026
- CLUSTER reportSep 2, 2026
- CLUSTER reportSep 1, 2026
- CLUSTER reportAug 27, 2026
- CLUSTER reportAug 11, 2026
- CLUSTER reportAug 8, 2026
- CLUSTER reportAug 1, 2026
- CLUSTER reportJul 29, 2026
- CLUSTER reportMay 30, 2026
- CLUSTER reportMar 4, 2026