Paragon 28FNA
About: Paragon 28 Inc is a medical devices company that develops, distributes, and sells medical devices in the foot and ankle segment of the orthopedic implant marketplace. Its products include plates and plating systems, screws, staples, and nails aimed to address all major foot and ankle procedures including ankle, Charcot, fracture fixation, hallux valgus, hammertoe, and flat foot. The company's suite of surgical solutions comprises nearly 80 product systems to help fit the specific needs of each patient and procedure. Geographically the company generates the majority of its revenue from the United States.
Employees: 574
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
889% more call options, than puts
Call options by funds: $188K | Put options by funds: $19K
67% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]
3.26% more ownership
Funds ownership: 58.0% [Q2] → 61.26% (+3.26%) [Q3]
2% more funds holding
Funds holding: 110 [Q2] → 112 (+2) [Q3]
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
2% more capital invested
Capital invested by funds: $329M [Q2] → $335M (+$6.22M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Canaccord Genuity Kyle Rose 100% 1-year accuracy 4 / 4 met price target | 50%upside $15 | Buy Maintained | 13 Nov 2024 |
Needham Mike Matson 50% 1-year accuracy 58 / 117 met price target | 30%upside $13 | Buy Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 98 articles about FNA published over the past 30 days