Michael Fekete Acquires 1,490 Shares of SeaSpine Holdings Corporation (SPNE) Stock

SeaSpine Holdings Corporation (NASDAQ:SPNE) Director Michael Fekete bought 1,490 shares of the stock in a transaction on Friday, November 10th. The stock was purchased at an average price of $10.25 per share, for a total transaction of $15,272.50. Following the completion of the purchase, the director now owns 32,304 shares of the company’s stock, valued at $331,116. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Michael Fekete also recently made the following trade(s):

  • On Wednesday, November 8th, Michael Fekete bought 560 shares of SeaSpine Holdings Corporation stock. The stock was purchased at an average price of $10.25 per share, for a total transaction of $5,740.00.

SeaSpine Holdings Corporation (NASDAQ:SPNE) traded up $0.09 during trading on Wednesday, reaching $9.89. The company had a trading volume of 24,000 shares, compared to its average volume of 59,464. SeaSpine Holdings Corporation has a twelve month low of $6.31 and a twelve month high of $13.46.

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A number of institutional investors have recently bought and sold shares of SPNE. Synovus Financial Corp purchased a new position in SeaSpine Holdings Corporation during the second quarter worth about $116,000. Virtu KCG Holdings LLC purchased a new position in shares of SeaSpine Holdings Corporation in the 2nd quarter worth about $133,000. Goldman Sachs Group Inc. purchased a new position in shares of SeaSpine Holdings Corporation in the 2nd quarter worth about $161,000. Trexquant Investment LP purchased a new position in shares of SeaSpine Holdings Corporation in the 3rd quarter worth about $214,000. Finally, Schwab Charles Investment Management Inc. boosted its holdings in shares of SeaSpine Holdings Corporation by 1.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 18,707 shares of the medical equipment provider’s stock worth $216,000 after purchasing an additional 190 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

SPNE has been the subject of several recent research reports. Zacks Investment Research upgraded SeaSpine Holdings Corporation from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research report on Wednesday, November 8th. BTIG Research reiterated a “buy” rating on shares of SeaSpine Holdings Corporation in a research report on Monday, November 6th. HC Wainwright reiterated a “buy” rating and issued a $15.00 price target on shares of SeaSpine Holdings Corporation in a research report on Friday, November 3rd. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $22.00 price target on shares of SeaSpine Holdings Corporation in a research report on Sunday, August 20th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. SeaSpine Holdings Corporation has an average rating of “Buy” and an average price target of $16.33.

SeaSpine Holdings Corporation Company Profile

SeaSpine Holdings Corporation is a medical technology company. The Company is focused on the design, development and commercialization of surgical solutions for the treatment of patients suffering from spinal disorders. The Company operates through the development, manufacture and marketing of orthobiologics and spinal fusion hardware segment.

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