Guardian Pharmacy Services (NYSE:GRDN) Shares Up 1.7% – Should You Buy?

Guardian Pharmacy Services, Inc. (NYSE:GRDN)’s stock price traded up 1.7% on Monday . The stock traded as high as $21.61 and last traded at $21.61. 2,268 shares changed hands during trading, a decline of 99% from the average session volume of 155,954 shares. The stock had previously closed at $21.25.

Guardian Pharmacy Services Stock Performance

The company has a 50 day moving average of $20.55.

Institutional Investors Weigh In On Guardian Pharmacy Services

A number of institutional investors and hedge funds have recently modified their holdings of GRDN. Brown Advisory Inc. acquired a new stake in Guardian Pharmacy Services during the 4th quarter worth about $32,294,000. J. Goldman & Co LP grew its position in Guardian Pharmacy Services by 1.5% during the 4th quarter. J. Goldman & Co LP now owns 762,347 shares of the company’s stock worth $15,445,000 after purchasing an additional 11,263 shares in the last quarter. Nuveen Asset Management LLC grew its position in Guardian Pharmacy Services by 2.9% during the 4th quarter. Nuveen Asset Management LLC now owns 547,140 shares of the company’s stock worth $11,085,000 after purchasing an additional 15,550 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Guardian Pharmacy Services by 2.6% in the fourth quarter. Franklin Resources Inc. now owns 513,029 shares of the company’s stock worth $10,394,000 after buying an additional 13,029 shares during the period. Finally, Wellington Management Group LLP acquired a new position in Guardian Pharmacy Services during the third quarter valued at $8,400,000.

About Guardian Pharmacy Services

Guardian Pharmacy Services, Inc, a pharmacy service company, provides a suite of technology-enabled services designed to help residents of long-term health care facilities (LTCFs) in the United States. Its individualized clinical, drug dispensing, and administration capabilities are used to serve the needs of residents in lower acuity LTCFs, such as assisted living facilities and behavioral health facilities and group homes.