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Stryker (NYSE:SYK) Director Ronda E. Stryker unloaded 14,000 shares of the stock on the open market in a transaction dated Friday, August 15th. The stock was sold at an average price of $80.69, for a total value of $1,129,660.00. Following the transaction, the director now directly owns 174,605 shares of the company’s stock, valued at approximately $14,088,877. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on SYK. Analysts at Needham & Company LLC upgraded shares of Stryker from a “hold” rating to a “buy” rating in a research note on Tuesday, August 12th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Stryker in a research note on Monday, July 21st. They now have a $86.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Stryker in a research note on Monday, July 21st. They now have a $90.00 price target on the stock, up previously from $85.00. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $86.18.

Stryker (NYSE:SYK) traded down 0.56% during mid-day trading on Friday, hitting $80.47. The stock had a trading volume of 907,225 shares. Stryker has a 52 week low of $66.44 and a 52 week high of $86.93. The stock has a 50-day moving average of $81.8 and a 200-day moving average of $81.30. The company has a market cap of $30.464 billion and a price-to-earnings ratio of 45.21.

Stryker (NYSE:SYK) last posted its quarterly earnings results on Thursday, July 17th. The company reported $1.08 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.08. The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.35 billion. During the same quarter last year, the company posted $1.00 earnings per share. Stryker’s revenue was up 6.8% compared to the same quarter last year. On average, analysts predict that Stryker will post $4.77 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Friday, September 26th.

Stryker Corporation (NYSE:SYK) is a medical technology company.

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