Stryker Corporation (NYSE:SYK)’s Vice President of Strategy and Investor Relationships, Katherine Ann Owen, sold 20,625 shares of Common Stock, directly, for an average price of $80.25 per share yesterday. In addition to this, the insider also exercised her use of employee stock options. This transaction constitutes the second stock sale executed by Owen this month, as she unloaded 35,000 shares of Common Stock on Friday, receiving $79.97 per share.
Furthermore, on Friday the firm’s Vice President of Human Resources, Steven Benscoter, sold 12,000 shares of Common Stock, directly, for an average price of $79.97 per share, in addition to exercising his use of stock options. The insider, who executed his first stock disposition since March, now owns a total of 8,742 shares of the $30.4 billion market cap medical technology firm.
In terms of hedge fund holdings, last quarter showed George Soros’ Soros Fund Management increasing its stakes in the company by 145%, thus bringing its total shares up to 1.098 million, with an estimated value of $89.5 million.