Globus MedicalGMED
About: Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States. It also has its presence internationally.
Employees: 5,300
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 43
110% more call options, than puts
Call options by funds: $24.5M | Put options by funds: $11.7M
18% more capital invested
Capital invested by funds: $7.6B [Q3] → $9B (+$1.39B) [Q4]
11% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 150
11% more funds holding
Funds holding: 443 [Q3] → 492 (+49) [Q4]
6% more funds holding in top 10
Funds holding in top 10: 18 [Q3] → 19 (+1) [Q4]
1.56% more ownership
Funds ownership: 94.07% [Q3] → 95.63% (+1.56%) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Truist Securities Richard Newitter 46% 1-year accuracy 22 / 48 met price target | 15%upside $80 | Hold Maintained | 11 Apr 2025 |
Barclays Matt Miksic 44% 1-year accuracy 18 / 41 met price target | 48%upside $103 | Overweight Maintained | 24 Feb 2025 |
Stifel Mathew Blackman 24% 1-year accuracy 4 / 17 met price target | 35%upside $94 | Buy Maintained | 21 Feb 2025 |
Wells Fargo Vik Chopra 27% 1-year accuracy 3 / 11 met price target | 34%upside $93 | Overweight Maintained | 21 Feb 2025 |
Financial journalist opinion
Based on 5 articles about GMED published over the past 30 days
