Shoulder Innovations, Inc. (NYSE:SI - Get Free Report) major shareholder Lsv Associates Ii, Llc acquired 266,666 shares of the company's stock in a transaction on Friday, August 1st. The stock was acquired at an average price of $15.00 per share, for a total transaction of $3,999,990.00. Following the purchase, the insider directly owned 1,885,136 shares of the company's stock, valued at approximately $28,277,040. This trade represents a 16.48% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Shoulder Innovations Stock Up 1.3%
Shares of Shoulder Innovations stock traded up $0.16 on Friday, hitting $12.32. The stock had a trading volume of 142,194 shares, compared to its average volume of 597,503. Shoulder Innovations, Inc. has a twelve month low of $11.75 and a twelve month high of $17.94.
About Shoulder Innovations
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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.
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