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Stryker (NYSE:SYK) Director Ronda E. Stryker sold 7,000 shares of Stryker stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $81.01, for a total transaction of $567,070.00. Following the transaction, the director now directly owns 175,605 shares in the company, valued at approximately $14,225,761. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on SYK shares. 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 analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Stryker presently has a consensus rating of “Buy” and a consensus target price of $86.18.

Stryker (NYSE:SYK) traded down 0.11% during mid-day trading on Wednesday, hitting $81.89. 829,674 shares of the company’s stock traded hands. Stryker has a 1-year low of $66.44 and a 1-year high of $86.93. The stock has a 50-day moving average of $81.81 and a 200-day moving average of $81.39. The company has a market cap of $31.002 billion and a price-to-earnings ratio of 45.80.

Stryker (NYSE:SYK) last posted its quarterly earnings results on Thursday, July 17th. The company reported $1.08 EPS for the quarter, meeting the Thomson Reuters 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 in the prior year, the company posted $1.00 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. 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. Investors of record on Tuesday, September 30th will be given a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Friday, September 26th.

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

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