Orthofix Director buys 50k shares in $1.63M transaction: 6 things to know

Spinal Tech

Orthofix Director Ronald A. Matricaria has bought a large number of the company's stock in a transaction on June 2, according to a Sleek Money report.

Here are six things to know:

 

1. Mr. Matricaria bought 50,000 shares of the stock.

 

2. The stock was purchased at an average cost of $32.65 per share. The total value of the transaction is $1.63 million.

 

3. Following the transaction, Mr. Matricaria directly owns 66,000 shares in the company, valued at approximately $2.15 million.

 

4. Orthofix stock has a one-year low of $26.96 and a one-year high of $38.94.

 

5. The stock has a 50-day moving average of $34 and a 200-day moving average of $32.

 

6. The company's market cap is $622.47 million.

 

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