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Concurrent Investment Advisors LLC Has $7.37 Million Position in Stryker Corporation $SYK
Concurrent Investment Advisors LLC significantly increased its stake in Stryker Corporation (NYSE:SYK) by 36.7% in Q4, holding shares worth approximately $7.37 million. This comes after Stryker beat Q4 earnings estimates with $4.47 EPS and 11.4% revenue growth, leading analysts to maintain a “Moderate Buy” rating with an average target price of $421.11. The article also notes a large insider sale by Director Ronda E. Stryker, who sold 250,000 shares for over $90 million.