K2M Group Holdings, Inc. (NASDAQ:KTWO) is on recovery track with 14.36% gain from a 1-year low price of $16.44. The company lost -9.22% to attain the price of $18.8 on 03/01/2018. Throughout the recent session, the prices were hovering between $18 and $20.58. These shares are 23.51% off its target price of $23.22 and the current market capitalization stands at $802.38M. The recent change has given its price a -4.03% deficit over SMA 50 and -27.66% deficit over its 52-week high. The stock witnessed -12.48% declines, -4.03% declines and -18.76% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found KTWO’s volatility during a week at 5.41% and during a month it has been found around 4.42%.K2M Group Holdings, Inc. (KTWO) Top Holders
Institutional investors currently hold around $887 million or 0% in KTWO stock. Look at its top three institutional owners. Price T Rowe Associates Inc /Md/ owns $153.61 million in K2M Group Holdings, Inc., which represents roughly 19.14% of the company’s market cap and approximately 17.32% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 2,794,420 shares of the stock are valued at $57.87 million. The third largest holder is Timessquare Capital Management, Llc, which currently holds $52.45 million worth of this stock and that ownership represents nearly 6.54% of its market capitalization.
At the end of 12/31/2017 reporting period, 70 institutional holders increased their position in K2M Group Holdings, Inc. (NASDAQ:KTWO) by some 5,987,138 shares, 76 decreased positions by 5,580,077 and 27 held positions by 31,285,425. That puts total institutional holdings at 42,852,640 shares, according to SEC filings. The stock grabbed 23 new institutional investments totaling 1,553,350 shares while 28 institutional investors sold out their entire positions totaling 1,836,719 shares.K2M Group Holdings, Inc. (NASDAQ:KTWO) Insider Trades
Multiple company employees have indulged in significant insider trading. K2M Group Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Medical Officer Kostuik John Philip Md has sold 1,332 shares of K2M Group Holdings, Inc. (KTWO) in trading session dated Aug. 23, 2017. These shares are worth $31,036 and were traded at $23.3 each. The SEC filing shows that Kostuik John Philip Md performed a sale of 1,090 shares. The Chief Medical Officer disposed these shares by way of transaction on Aug. 15, 2017. The company’s shares were given away at $24.08 per share worth to an income of some $26,247 on account of Kostuik John Philip Md.
CFO, Cole Gregory S, sold 2,350 common shares of K2M Group Holdings, Inc. (KTWO) in the open market. In a transaction dated Aug. 15, 2017, the shares were put up for sale at an average price of $24.08, raking in a sum of $56,588. After this sale, 55,158 common shares of KTWO are directly owned by the insider, with total stake valued at $1,036,970.
In the transaction dated Aug. 15, 2017, the great number of shares disposed came courtesy the Global Accounting Officer; Moratis George Z disposed a total of 770 shares at an average price of $24.09, amounting to approximately $18,549. The insider now directly owns 16,478 shares worth $309,786.
Several analysts have released their opinion on K2M Group Holdings, Inc. (NASDAQ:KTWO), with 6 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.38 average brokerage recommendation.