SI-BONE Inc (SIBN)

• Market cap: $748M
• 1 day: -0.89%
• 5 days: 8.45%
• 1 month: 3.18%
• 3 months: 45.16%
• 6 months: 18.22%
• Year to date: 28.07%
• 1 year: -12.07%
• 5 years: -10.62%
• 10 years: -11.07%
• Sector: Healthcare
• Industry: Surgical & Medical Instruments & Apparatus

About: SI-BONE Inc is a medical device company, that develops and commercializes a proprietary minimally invasive surgical implant system in the United States and Internationally. Its products include a series of patented titanium implants and the instruments used to implant them, as well as implantable bone products such as iFuse-3D, iFuse-TORQ and iFuse Bedrock Granite which have applications across sacroiliac joint dysfunction and fusion, adult spinal deformity and degeneration, and pelvic trauma.

Employees: 344

Fund manager confidence

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

76% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 17

21% more call options, than puts

Call options by funds: $4.29M | Put options by funds: $3.55M

11% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 45

7% more funds holding

Funds holding: 133 [Q3] → 142 (+9) [Q4]

6% less capital invested

Capital invested by funds: $572M [Q3] → $539M (-$32.9M) [Q4]

6.48% less ownership

Funds ownership: 98.09% [Q3] → 91.61% (-6.48%) [Q4]

Research analyst outlook

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

• Low target: $19 7% upside
• Avg. target: $19 7% upside
• High target: $19 7% upside

1 analyst rating

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

Needham David Saxon 37% 1-year accuracy 24 / 65 met price target

7% upside $19

Buy Reiterated

13 Jan 2025