SI-BONE Inc (NASDAQ: SIBN) is -20.82% lower on its value in year-to-date trading and has touched a low of $11.76 and a high of $23.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SIBN stock was last observed hovering at around $16.31 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $16.62, the stock is 12.39% and 13.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 1.90% at the moment leaves the stock 0.13% off its SMA200. SIBN registered -26.95% loss for a year compared to 6-month loss of -2.69%.
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The stock witnessed a 11.99% gain in the last 1 month and extending the period to 3 months gives it a 18.29%, and is 0.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.23% over the week and 5.27% over the month.
SI-BONE Inc (SIBN) has around 344 employees, a market worth around $692.89M and $150.71M in sales. Profit margin for the company is -27.10%. Distance from 52-week low is 41.33% and -28.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.24%).
The EPS is expected to grow by 20.85% this year.
SI-BONE Inc (SIBN) Top Institutional Holders
206.0 institutions hold shares in SI-BONE Inc (SIBN), with institutional investors hold 102.04% of the company’s shares. The shares outstanding are 40.69M, and float is at 36.48M with Short Float at 4.27%. Institutions hold 99.59% of the Float.
The top institutional shareholder in the company is BROWN ADVISORY INC with over 4.15 million shares valued at $53.62 million. The investor’s holdings represent 10.0363% of the SIBN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.85 million shares valued at $$49.74 million to account for 9.3106 of the shares outstanding. The other top investors are ORBIMED ADVISORS LLC which holds 3.23 million shares representing 7.8174% and valued at over $41.76 million, while FIRST LIGHT ASSET MANAGEMENT, LLC holds 5.986 of the shares totaling 2.47 million with a market value of $31.98 million.
SI-BONE Inc (SIBN) Insider Activity
The most recent transaction is an insider sale by RECUPERO ANTHONY J,the company’sPresident, Commercial Ops. SEC filings show that RECUPERO ANTHONY J sold 3,905 shares of the company’s common stock on Aug 16 ’24 at a price of $13.84 per share for a total of $54037.0. Following the sale, the insider now owns 0.24 million shares.
SI-BONE Inc disclosed in a document filed with the SEC on Aug 19 ’24 that RECUPERO ANTHONY J (President, Commercial Ops) sold a total of 2,087 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $14.17 per share for $29569.0. Following the transaction, the insider now directly holds 0.24 million shares of the SIBN stock.
Still, SEC filings show that on Aug 16 ’24, Maheshwari Anshul (Chief Financial Officer) disposed off 2,418 shares at an average price of $13.87 for $33538.0. The insider now directly holds 198,762 shares of SI-BONE Inc (SIBN).
