Shoulder Innovations, Inc. $SI Shares Purchased by Sectoral Asset Management Inc.

Posted by Stanley Muller on May 25th, 2026

Sectoral Asset Management Inc. increased its position in Shoulder Innovations, Inc. (NYSE:SI – Free Report) by 14.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 492,435 shares of the company’s stock after acquiring an additional 62,153 shares during the period. Shoulder Innovations comprises approximately 5.6% of Sectoral Asset Management Inc.’s portfolio, making the stock its 4th largest holding. Sectoral Asset Management Inc.’s holdings in Shoulder Innovations were worth $7,042,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Shoulder Innovations in the third quarter worth about $28,000. Rhumbline Advisers acquired a new position in shares of Shoulder Innovations during the 3rd quarter worth about $54,000. Board of Trustees of The Leland Stanford Junior University acquired a new position in shares of Shoulder Innovations during the 3rd quarter worth about $170,000. CM Management LLC acquired a new position in shares of Shoulder Innovations during the 4th quarter worth about $358,000. Finally, Bank of America Corp DE acquired a new position in shares of Shoulder Innovations during the 3rd quarter worth about $322,000.

Shoulder Innovations Price Performance

Shoulder Innovations stock opened at $14.67 on Monday. The firm has a market capitalization of $304.30 million and a P/E ratio of -0.09. Shoulder Innovations, Inc. has a 1 year low of $10.92 and a 1 year high of $17.94. The business has a 50-day moving average of $14.28 and a 200-day moving average of $14.14. The company has a current ratio of 11.81, a quick ratio of 10.04 and a debt-to-equity ratio of 0.11.

Shoulder Innovations (NYSE:SI – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported ($0.41) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.03. Shoulder Innovations had a negative return on equity of 35.11% and a negative net margin of 81.78%.The company had revenue of $16.71 million during the quarter. On average, equities analysts anticipate that Shoulder Innovations, Inc. will post -1.67 EPS for the current year.

Insider Activity at Shoulder Innovations

In other Shoulder Innovations news, CFO Jeffrey S. Points acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average cost of $15.00 per share, for a total transaction of $30,000.00. Following the transaction, the chief financial officer owned 70,785 shares of the company’s stock, valued at $1,061,775. This trade represents a 2.91% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert Joseph Ball acquired 2,200 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of $15.18 per share, with a total value of $33,396.00. Following the completion of the transaction, the chief executive officer directly owned 278,866 shares in the company, valued at $4,233,185.88. This trade represents a 0.80% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 5,200 shares of company stock valued at $78,236 over the last quarter. 29.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SI. Piper Sandler restated an “overweight” rating and set a $19.00 target price (up from $18.00) on shares of Shoulder Innovations in a research report on Friday, May 8th. BTIG Research boosted their target price on Shoulder Innovations from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.00.

Check Out Our Latest Stock Report on SI

About Shoulder Innovations

(Free Report)

Shoulder Innovations (NYSE:SI) is a medical device company focused on the design, development and commercialization of shoulder implant systems and related surgical instruments for orthopedic surgery. The company’s product portfolio includes modular shoulder prostheses, humeral and glenoid components, and instrumentation kits designed to facilitate both primary and revision shoulder arthroplasty procedures. Emphasizing a patient-centric approach, Shoulder Innovations works to offer implant solutions that aim to restore mobility and reduce post-operative complications.

In addition to its core implant offerings, Shoulder Innovations provides comprehensive clinical support and training programs for surgeons and operating room teams.