SI-BONE Inc (NASDAQ: SIBN) is 24.61% higher on its value in year-to-date trading and has touched a low of $11.70 and a high of $19.16 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 SIBN stock was last observed hovering at around $16.45 in the last trading session, with the day’s gains setting it 1.02%.
Currently trading at $17.47, the stock is 23.87% and 18.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 6.20% at the moment leaves the stock 18.41% off its SMA200. SIBN registered 23.03% gain for a year compared to 6-month loss of 29.50%.
The stock witnessed a 29.70% gain in the last 1 month and extending the period to 3 months gives it a -3.48%, and is 27.99% 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 6.92% over the week and 5.92% over the month.
SI-BONE Inc (SIBN) has around 349 employees, a market worth around $742.98M and $176.60M in sales. Profit margin for the company is -15.04%. Distance from 52-week low is 49.32% and -8.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.06%).
The EPS is expected to grow by 15.56% this year
The shares outstanding are 42.48M, and float is at 36.77M with Short Float at 4.12%.
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
Still, SEC filings show that on May 01 ’25, DUNN JEFFREY W (Director) disposed off 336 shares at an average price of $13.78 for $4628.0. The insider now directly holds 12,536 shares of SI-BONE Inc (SIBN).
