Shoulder Innovations, Inc. (NYSE:SI) Major Shareholder Acquires $1,500,000.00 in Stock

Key Points

• Healthcare Holding B.V. Gilde, a major shareholder of Shoulder Innovations Inc, purchased 100,000 shares at an average price of $15.00, totaling $1.5 million.
• Following the acquisition, the shareholder's total ownership in the company increased to 2,380,482 shares, representing a 4.39% increase.
• As of the latest trading, SI stock is valued at $14.06 with a market capitalization of approximately $445.13 million.

Shoulder Innovations, Inc. (NYSE:SI - Get Free Report) major shareholder Healthcare Holding B.V. Gilde acquired 100,000 shares of the stock in a transaction dated Friday, August 1st. The stock was acquired at an average cost of $15.00 per share, with a total value of $1,500,000.00. Following the purchase, the insider owned 2,380,482 shares of the company's stock, valued at approximately $35,707,230. This trade represents a 4.39% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Shoulder Innovations Trading Up 1.3%

Shoulder Innovations stock traded up $0.16 during trading on Friday, reaching $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 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.