Paragon 28 Inc (NYSE: FNA) is 5.32% higher on its value in year-to-date trading and has touched a low of $4.65 and a high of $14.79 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FNA stock was last observed hovering at around $10.66 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $10.88, the stock is 4.62% and 9.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.71 million and changing 2.06% at the moment leaves the stock 33.75% off its SMA200. FNA registered -0.37% loss for a year compared to 6-month gain of 34.99%. The firm has a 50-day simple moving average (SMA 50) of $9.9182 and a 200-day simple moving average (SMA200) of $8.13445.
The stock witnessed a 1.30% loss in the last 1 month and extending the period to 3 months gives it a 86.62%, and is 5.12% 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 7.87% over the week and 5.88% over the month.
Paragon 28 Inc (FNA) has around 574 employees, a market worth around $910.88M and $245.00M in sales. Profit margin for the company is -29.70%. Distance from 52-week low is 133.98% and -26.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.18%).
with sales reaching $69.84M over the same period.The EPS is expected to shrink by -11.55% this year, but quarterly earnings will post 17.50% year-over-year. Quarterly sales are estimated to grow 15.31% in year-over-year returns.
Paragon 28 Inc (FNA) Top Institutional Holders
168.0 institutions hold shares in Paragon 28 Inc (FNA), with institutional investors hold 102.54% of the company’s shares. The shares outstanding are 83.60M, and float is at 39.31M with Short Float at 9.00%. Institutions hold 60.93% of the Float.
The top institutional shareholder in the company is MVM PARTNERS, LLC with over 10.89 million shares valued at $74.3 million. The investor’s holdings represent 13.1389% of the FNA Shares outstanding. As of 2024-06-30, the second largest holder is FIRST LIGHT ASSET MANAGEMENT, LLC with 8.17 million shares valued at $55.92 million to account for 9.8665 of the shares outstanding. The other top investors are BRAIDWELL LP which holds 4.15 million shares representing 5.0089% and valued at over $28.39 million, while BLACKROCK INC. holds 4.4085 of the shares totaling 3.65 million with a market value of $24.98 million.
Paragon 28 Inc (FNA) Insider Activity
The most recent transaction is an insider sale by MVM Partners, LLC, the company’s 10% Owner. SEC filings show that MVM Partners, LLC sold 25,485 shares of the company’s common stock on Dec 06 ’24 at a price of $10.07 per share for a total of $0.26 million. Following the sale, the insider now owns 10.4 million shares.
Paragon 28 Inc disclosed in a document filed with the SEC on Dec 09 ’24 that MVM Partners, LLC (10% Owner) sold a total of 14,403 shares of the company’s common stock. The trade occurred on Dec 09 ’24 and was made at $10.05 per share for $0.14 million. Following the transaction, the insider now directly holds 10.39 million shares of the FNA stock.
Still, SEC filings show that on Dec 06 ’24, WRIGHT KRISTINA (Director) disposed off 2,360 shares at an average price of $10.00 for $23602.0. The insider now directly holds 32,118 shares of Paragon 28 Inc (FNA).
