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.
More articles on devices:
JMP Securities reiterates K2M’s ‘buy’ rating: 4 things to know
Medtronic, K2M, J&J & more: 15 key notes
3 emerging trends that could impact the global spinal implants market
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
