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Pacific Point Advisors LLC Buys New Shares in Stryker Corporation $SYK
Pacific Point Advisors LLC reported buying a new stake of 3,348 shares in Stryker Corporation (NYSE:SYK) during the fourth quarter, valued at approximately $1.177 million. This new institutional investment comes as several other hedge funds adjusted their positions in Stryker, and while Director Ronda E. Stryker sold a significant number of shares, institutional ownership remains high at 77.09%. Analysts maintain a “Moderate Buy” consensus rating for Stryker, with an average price target of $425.56.