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Orthofix Medical (NASDAQ:OFIX) Major Shareholder Buys $169,270.56 in Stock
Engine Capital Management, Lp, a major shareholder in Orthofix Medical (NASDAQ:OFIX), recently increased its stake by purchasing 13,061 shares for $169,270.56 on February 25th and 124,797 shares on February 24th for approximately $1.566 million. Following these transactions, the insider now owns 3,673,092 shares valued at roughly $47.6 million. Orthofix Medical also reported its latest quarterly earnings, with an EPS of ($0.06), missing consensus estimates, but revenue slightly beat expectations, causing the stock to trade up about 1% to $13.17.