Envestnet Asset Management Inc. reduced its stake in Stryker Corporation by 6.6%, selling 41,822 shares and retaining 592,359 shares valued at $218.98 million. Institutional investors collectively own about 77.09% of the stock, while company insiders have also sold shares, including CFO Preston Wendell Wells and CAO William E. Berry Jr. Stryker maintains a “Moderate Buy” rating from analysts with a consensus price target of $426.56, offering a quarterly dividend of $0.88 per share.
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Envestnet Asset Management Inc. Sells 41,822 Shares of Stryker Corporation $SYK
Envestnet Asset Management Inc. reduced its stake in Stryker Corporation by 6.6%, selling 41,822 shares and retaining 592,359 shares valued at $218.98 million. Institutional investors collectively own about 77.09% of the stock, while company insiders have also sold shares, including CFO Preston Wendell Wells and CAO William E. Berry Jr. Stryker maintains a “Moderate Buy” rating from analysts with a consensus price target of $426.56, offering a quarterly dividend of $0.88 per share.