GLOBUS MEDICAL ($GMED) posted quarterly earnings results on Thursday, May 8th. The company reported earnings of $0.68 per share, missing estimates of $0.76 by $0.08. The company also reported revenue of $598,120,000, missing estimates of $638,421,060 by $-40,301,060.
You can see Quiver Quantitative's $GMED stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
GLOBUS MEDICAL Insider Trading Activity
GLOBUS MEDICAL insiders have traded $GMED stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $GMED stock by insiders over the last 6 months:
- DANIEL T SCAVILLA (President, CEO) sold 130,000 shares for an estimated $11,050,000
- DAVID D DAVIDAR has made 0 purchases and 4 sales selling 40,000 shares for an estimated $3,400,049.
- KEITH W PFEIL (COO, CFO) has made 0 purchases and 2 sales selling 14,167 shares for an estimated $1,250,770.
- DAN LEMAITRE has made 0 purchases and 2 sales selling 14,375 shares for an estimated $1,221,893.
- ANN D RHOADS sold 7,500 shares for an estimated $590,100
- KELLY HULLER (SVP, GC, Corporate Secretary) sold 2,500 shares for an estimated $217,501
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
GLOBUS MEDICAL Hedge Fund Activity
We have seen 272 institutional investors add shares of GLOBUS MEDICAL stock to their portfolio, and 203 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAGNETAR FINANCIAL LLC removed 1,214,760 shares (-84.7%) from their portfolio in Q4 2024, for an estimated $100,472,799
- MADISON AVENUE PARTNERS, LP removed 1,137,050 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $94,045,405
- MILLENNIUM MANAGEMENT LLC added 1,045,447 shares (+161.0%) to their portfolio in Q4 2024, for an estimated $86,468,921
- CITADEL ADVISORS LLC added 985,036 shares (+62.1%) to their portfolio in Q4 2024, for an estimated $81,472,327
- RTW INVESTMENTS, LP added 972,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $80,394,120
- CAMBER CAPITAL MANAGEMENT LP removed 925,000 shares (-43.0%) from their portfolio in Q4 2024, for an estimated $76,506,750
- IRON TRIANGLE PARTNERS LP added 844,013 shares (+inf%) to their portfolio in Q4 2024, for an estimated $69,808,315
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
GLOBUS MEDICAL Government Contracts
We have seen $1,414,227 of award payments to $GMED over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- PROS SPINE IMPLANTS POST SURG: $73,899
- 4567273135!SABLE: $44,259
- PROS POST SURGERY: $43,116
- PROSTHETICS - FUSION SPINE: $41,048
- SURGICAL IMPLANT: $35,531
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
