Shoulder Innovations, Inc. (NYSE:SI) Director Casey M. Tansey Acquires 40,000 Shares

Key Points

• Casey M. Tansey, Director of Shoulder Innovations Inc, purchased 40,000 shares at an average price of $15.00 each, totaling $600,000.
• This acquisition increased Tansey’s ownership in the company to 47,666 shares, representing a **521.78% increase** in his position.
• Shoulder Innovations Inc's stock has a current market cap of $445.13 million and is currently trading at $14.06.

Shoulder Innovations, Inc. (NYSE:SI - Get Free Report) Director Casey M. Tansey acquired 40,000 shares of the stock in a transaction on Friday, August 1st. The shares were bought at an average price of $15.00 per share, for a total transaction of $600,000.00. Following the purchase, the director owned 47,666 shares in the company, valued at approximately $714,990. This trade represents a 521.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Shoulder Innovations Stock Performance

SI stock traded up $0.16 during midday trading on Friday, reaching $12.32. 142,194 shares of the stock were exchanged, compared to its average volume of 597,503. Shoulder Innovations, Inc. has a 52 week low of $11.75 and a 52 week high of $17.94.

Shoulder Innovations Company Profile

We are a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. We currently offer advanced implant systems for shoulder arthroplasty. These systems are a core element of our ecosystem, which we designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain.