Shoulder Innovations, Inc. (NYSE:SI) Director Richard Buchholz Acquires 5,000 Shares

Key Points

• Richard Buchholz, a director at Shoulder Innovations Inc, purchased 5,000 shares at an average price of $15.00 each, totaling $75,000, which increased his ownership by 65.22%.
• Following the acquisition, Buchholz holds 12,666 shares valued at approximately $189,990.
• The stock price of Shoulder Innovations Inc dropped 1.5% to $14.06 as of the latest trading session, with a market capitalization of $445.13 million.

Shoulder Innovations, Inc. (NYSE:SI - Get Free Report) Director Richard Buchholz purchased 5,000 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average cost of $15.00 per share, for a total transaction of $75,000.00. Following the acquisition, the director owned 12,666 shares of the company's stock, valued at approximately $189,990. The trade was a 65.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shoulder Innovations Trading Up 1.3%

Shares of SI stock traded up $0.16 during midday trading on Friday, reaching $12.32. 142,194 shares of the company traded hands, compared to its average volume of 597,503. Shoulder Innovations, Inc. has a 1-year low of $11.75 and a 1-year 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.