5 hours Ago By ABMN Staff
Stephens reiterated their equal weight rating on shares of Paragon 28 ( NYSE:FNA – Free Report ) in a report issued on Thursday morning, MarketBeat.com reports. Stephens currently has a $13.
00 target price on the stock, down from their previous target price of $14.00. Other equities research analysts also recently issued reports about the company.
Needham & Company LLC restated a “hold” rating and set a $13.00 price target on shares of Paragon 28 in a research note on Wednesday. Canaccord Genuity Group reaffirmed a “hold” rating on shares of Paragon 28 in a report on Wednesday.
Finally, William Blair cut shares of Paragon 28 from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $14.
60. Get Our Latest Analysis on FNA Paragon 28 Stock Down 0.0 % Paragon 28 ( NYSE:FNA – Get Free Report ) last announced its earnings results on Tuesday, November 12th.
The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.
01. The business had revenue of $62.30 million during the quarter, compared to analyst estimates of $60.
58 million. Paragon 28 had a negative net margin of 25.31% and a negative return on equity of 37.
90%. The company’s quarterly revenue was up 18.0% compared to the same quarter last year.
During the same period in the previous year, the business earned ($0.10) EPS. Equities research analysts forecast that Paragon 28 will post -0.
64 earnings per share for the current year. Insider Activity at Paragon 28 In other Paragon 28 news, major shareholder Mvm Partners, Llc sold 72,133 shares of Paragon 28 stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $10.
16, for a total transaction of $732,871.28. Following the transaction, the insider now owns 10,559,065 shares of the company’s stock, valued at $107,280,100.
40. The trade was a 0.68 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . In the last ninety days, insiders sold 300,192 shares of company stock worth $3,135,086. 15.
32% of the stock is owned by company insiders. Institutional Trading of Paragon 28 A number of hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers lifted its stake in shares of Paragon 28 by 1.
7% during the 4th quarter. Rhumbline Advisers now owns 62,861 shares of the company’s stock valued at $649,000 after buying an additional 1,024 shares in the last quarter. MN Wealth Advisors LLC raised its holdings in Paragon 28 by 1.
4% during the fourth quarter. MN Wealth Advisors LLC now owns 84,535 shares of the company’s stock valued at $873,000 after acquiring an additional 1,200 shares during the period. Ballentine Partners LLC lifted its position in shares of Paragon 28 by 15.
0% in the fourth quarter. Ballentine Partners LLC now owns 15,630 shares of the company’s stock valued at $161,000 after acquiring an additional 2,043 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Paragon 28 by 9.
0% in the second quarter. The Manufacturers Life Insurance Company now owns 25,992 shares of the company’s stock worth $178,000 after acquiring an additional 2,142 shares during the period. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Paragon 28 during the fourth quarter worth about $36,000.
63.57% of the stock is owned by hedge funds and other institutional investors. Paragon 28 Company Profile ( Get Free Report ) Paragon 28, Inc develops, distributes, and sells foot and ankle surgical systems in the United States and internationally.
It offers plating systems, including gorilla plating systems, such as lisfranc, lapidus, lateral column, calcaneus slide, and naviculocuneiform (NC) fusion plating systems; baby gorilla plate-specific screws, navicular fracture plates, and 5th metatarsal hook plates; and silverback plating systems. Read More Receive News & Ratings for Paragon 28 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paragon 28 and related companies with MarketBeat.com's FREE daily email newsletter .
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