NuVasive institutional sentiment hits 1.19 in Q4 2015 — 5 notes

Written by Megan Wood | June 06, 2016 | Print  |

In the fourth quarter of 2015, NuVasive's institutional sentiment rose 0.12 to 1.19, up from 1.07 in the third quarter of 2015, according to FranklinIndependent.com.

Here are five notes:

 

1. In the fourth quarter, 115 hedge funds started new or holdings or increased holdings and 97 hedge funds sold or trimmed holdings in the company.

 

2. The amount of hedge funds holding NuVasive in their top 10 holdings decreased to three funds, down from six funds.

 

3. The hedge funds own 49.43 million NuVasive shares.

 

4. Of the hedge funds, 23 sold all holdings; 74 decreased holdings; 92 increased holdings; and 23 started new positions.

 

5. NuVasive has a market cap of $2.87 billion.

 

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