Tenet Healthcare EVP, CIO Arbour sells $2.65m in stock By Investing.com
Paola M. Arbour, Executive Vice President and Chief Information Officer at Tenet Healthcare Corp (), sold 10,878 shares of the company’s common stock on July 27, 2026. The transactions totaled $2,653,144.
The shares were sold at prices ranging from $243.82 to $244.08, with a weighted average sale price of $243.9 per share. The timing of the sale is notable as the stock is currently trading near its 52-week high of $262.68, having delivered a strong 68% return over the past year.
Following these transactions, Ms. Arbour directly holds 18,413 shares of Tenet Healthcare common stock. According to InvestingPro, the stock remains undervalued relative to its Fair Value, with the company earning a “GREAT” financial health score. For deeper insights, investors can access THC’s comprehensive Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, Tenet Healthcare reported strong second-quarter 2026 results, surpassing Wall Street expectations. The company achieved adjusted earnings of $6.12 per share on revenue of $5.63 billion, exceeding analyst projections of $4.23 per share on revenue of $5.43 billion. Following these results, Tenet Healthcare raised its full-year outlook. Analysts have responded positively to the company’s performance and outlook. Guggenheim raised its price target for Tenet Healthcare to $283, citing the company’s strategic focus on high-acuity, non-elective services. Raymond James also increased its price target to $275, highlighting the company’s standout performance compared to other hospital operators. UBS raised its price target to $308, reflecting higher earnings expectations due to process improvements and supplemental payments. Additionally, Cantor Fitzgerald increased its price target to $270, noting Tenet’s guidance surpassing investor expectations. These developments indicate a broad consensus among analysts on Tenet Healthcare’s strong position and potential for continued growth.
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