Shoulder Innovations Inc (NYSE:SI) Major Shareholder Healthcare Holding B.V. Gilde Buys 100,000 Shares

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 - ) major shareholder Healthcare Holding B.V. Gilde purchased 100,000 shares of the firm's stock in a transaction on Friday, August 1st. The shares were acquired at an average price of $15.00 per share, with a total value of $1,500,000.00. Following the purchase, the insider directly owned 2,380,482 shares in the company, valued at $35,707,230. This represents a 4.39% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.

Shoulder Innovations Stock Performance

SI stock traded down $0.21 during midday trading on Tuesday, reaching $14.06. 305,834 shares of the company's stock traded hands, compared to its average volume of 348,411. The firm has a market capitalization of $445.13 million, a PE ratio of -0.47 and a beta of 2.23. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 0.54. Shoulder Innovations Inc has a 52 week low of $13.05 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.

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