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Stryker Corporation $SYK Shares Purchased by Wealthcare Advisory Partners LLC
Wealthcare Advisory Partners LLC significantly increased its stake in Stryker Corporation by 265.2% in the fourth quarter, now owning 9,328 shares valued at $3.28 million. Other institutional investors also boosted their positions, resulting in 77.09% of the stock being held by institutions, despite a recent insider sale by Director Ronda E. Stryker amounting to $90.73 million. Stryker reported strong financial results, beating EPS estimates and achieving 11.4% year-over-year revenue growth, and analysts maintain a “Moderate Buy” rating with a consensus target price of $427.50.