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TMDX

TransMedics Group, Inc.

At today's price, TransMedics Group, Inc. (TMDX) is priced for an above-average set of expectations. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Implied Growth
Priced In
elevated

Key Takeaways

• TransMedics pairs a razor-blade device model, single-use organ-specific disposables on its OCS consoles per the FY2025 10-K, with an owned aviation and logistics network built for a market where donor organs can surface at any hospital at any time. • Profitability inverted while revenue grew: the latest quarter's revenue rose 21.2% year over year while operating margin fell from 23.2% to 7.6% across four quarters, and the 10-K now lists Terumo-backed OrganOx, XVIVO, and Paragonix as rivals in

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Institutional ownership

404 institutional managers reported holding TMDX in 13F filings for the quarter ended 2026-03-31. 58 opened new positions that quarter. Held by BlackRock, FMR (Fidelity), Vanguard Group, among others. On the short side, 7.7M shares were sold short as of the 2026-06-15 count, about 21% of shares outstanding (7.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

TMDX's share count grew 24.5% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at TMDX over the trailing three years: 2023: 1 buy totaling $155k; 2025: 4 buys totaling $2.98M. 13 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

TMDX's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-05-8.9%-35.4%
2023-11-09+42.6%+41.7%
2024-02-28+6.7%+43.4%
2024-05-03+20.9%+19.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

TMDX's latest 8-K filings: 2026-05-21 (items 5.07, 9.01); 2026-05-05 (items 2.02, 9.01); 2026-02-27 (items 2.02, 9.01); 2026-02-24 (items 2.02, 9.01); 2026-02-04 (items 5.02).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.