Establishment Labs (ESTA)

• Market cap: $866M
• 1 day: 0.60%
• 5 days: -2.98%
• 1 month: -27.89%
• 3 months: -10.05%
• 6 months: -32.86%
• Year to date: -33.81%
• 1 year: -38.26%
• 5 years: 68.47%
• 10 years: 21.09%
• Sector: Healthcare
• Industry: Medical Devices

About: Establishment Labs Holdings Inc is a medical technology company engaged in offering medical devices and aesthetic products. It is involved in the designing, manufacturing, and marketing of silicone-filled breast and body-shaping implants. The company markets its products under Motiva implants Brand. It distributes its products to medical distributors; and physicians, hospitals, and clinics in the form of direct sales. Its geographical segments are Europe, Latin America, Asia-Pacific/Middle East, and Others.

Employees: 1,018

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

137% more call options, than puts

Call options by funds: $66M | Put options by funds: $27.9M

104% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 25

16% more capital invested

Capital invested by funds: $1.04B [Q3] → $1.22B (+$172M) [Q4]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 8 (+1) [Q4]

5.47% more ownership

Funds ownership: 86.43% [Q3] → 91.9% (+5.47%) [Q4]

8% less funds holding

Funds holding: 129 [Q3] → 119 (-10) [Q4]

30% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 30

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $52 74% upside
• Avg. target: $52 74% upside
• High target: $52 74% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Stephens & Co. Mason Carrico 12% 1-year accuracy 3 / 26 met price target

74% upside $52

Overweight Reiterated

6 Mar 2025