Shoulder Innov (NYSE:SI) Director Purchases $600,000.00 in Stock

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 Innov (NYSE:SI - Get Free Report) Director Casey M. Tansey purchased 40,000 shares of the business's stock in a transaction dated Friday, August 1st. The shares were acquired at an average cost of $15.00 per share, for a total transaction of $600,000.00. Following the acquisition, the director owned 47,666 shares of the company's stock, valued at approximately $714,990. The trade was a 521.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shoulder Innov Stock Down 7.7%

SI stock traded down $1.00 during midday trading on Thursday, hitting $12.06. The stock had a trading volume of 120,375 shares, compared to its average volume of 277,624. Shoulder Innov has a 52 week low of $12.00 and a 52 week high of $17.94.

About Shoulder Innov

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.