SeaSpine Holdings Corporation (NASDAQ:SPNE) Director Michael Fekete acquired 1,490 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $10.25 per share, with a total value of $15,272.50. Following the purchase, the director now directly owns 32,304 shares in the company, valued at approximately $331,116. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Michael Fekete also recently made the following trade(s):
- On Wednesday, November 8th, Michael Fekete acquired 560 shares of SeaSpine Holdings Corporation stock. The stock was bought at an average price of $10.25 per share, with a total value of $5,740.00.
SeaSpine Holdings Corporation (SPNE) traded down $0.01 during mid-day trading on Monday, reaching $10.41. The company had a trading volume of 41,700 shares, compared to its average volume of 59,577. SeaSpine Holdings Corporation has a 12-month low of $6.31 and a 12-month high of $13.46.
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SPNE has been the subject of several recent research reports. Zacks Investment Research upgraded SeaSpine Holdings Corporation from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Tuesday, September 12th. Piper Jaffray Companies reiterated a “buy” rating and issued a $22.00 price objective on shares of SeaSpine Holdings Corporation in a research note on Sunday, August 20th. HC Wainwright set a $15.00 price objective on SeaSpine Holdings Corporation and gave the company a “buy” rating in a research note on Monday, August 7th. Finally, BTIG Research reiterated a “buy” rating on shares of SeaSpine Holdings Corporation in a research note on Monday, November 6th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $16.33.
Hedge funds have recently bought and sold shares of the stock. Synovus Financial Corp purchased a new stake in SeaSpine Holdings Corporation in the second quarter valued at approximately $116,000. Virtu KCG Holdings LLC purchased a new stake in SeaSpine Holdings Corporation in the second quarter valued at approximately $133,000. Goldman Sachs Group Inc. purchased a new stake in SeaSpine Holdings Corporation in the second quarter valued at approximately $161,000. Schwab Charles Investment Management Inc. lifted its stake in SeaSpine Holdings Corporation by 1.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 18,707 shares of the medical equipment provider’s stock valued at $216,000 after buying an additional 190 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in SeaSpine Holdings Corporation in the third quarter valued at approximately $214,000. Hedge funds and other institutional investors own 40.19% of the company’s stock.
About SeaSpine Holdings Corporation
SeaSpine Holdings Corporation is a medical technology company. The Company is focused on the design, development and commercialization of surgical solutions for the treatment of patients suffering from spinal disorders. The Company operates through the development, manufacture and marketing of orthobiologics and spinal fusion hardware segment.
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