Paragon 28, Inc. (NYSE:FNA) Shares Bought by Rhumbline Advisers

Rhumbline Advisers raised its stake in Paragon 28, Inc. (NYSE:FNA) by 6.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,982 shares of the company’s stock after acquiring an additional 4,121 shares during the quarter. Rhumbline Advisers owned approximately 0.08% of Paragon 28 worth $875,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. First Light Asset Management LLC raised its holdings in shares of Paragon 28 by 4.2% in the fourth quarter. First Light Asset Management LLC now owns 10,580,467 shares of the company’s stock worth $109,296,000 after acquiring an additional 425,824 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Paragon 28 by 17.9% in the fourth quarter. Vanguard Group Inc. now owns 2,809,109 shares of the company’s stock worth $29,018,000 after acquiring an additional 425,983 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Paragon 28 by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 978,832 shares of the company’s stock worth $10,113,000 after acquiring an additional 11,313 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Paragon 28 by 3.0% in the fourth quarter. JPMorgan Chase & Co. now owns 808,611 shares of the company’s stock worth $8,353,000 after acquiring an additional 23,733 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Paragon 28 by 7.1% in the fourth quarter. Northern Trust Corp now owns 456,572 shares of the company’s stock worth $4,716,000 after acquiring an additional 30,199 shares during the last quarter. 63.57% of the stock is owned by institutional investors and hedge funds.

Paragon 28 Stock Performance

Paragon 28 stock opened at $13.11 on Friday. The firm has a market capitalization of $1.10 billion, a P/E ratio of -17.71 and a beta of 1.47. The stock has a fifty day moving average price of $13.10 and a 200 day moving average price of $12.37. Paragon 28, Inc. has a 52 week low of $4.65 and a 52 week high of $13.13. The company has a current ratio of 3.50, a quick ratio of 1.60 and a debt-to-equity ratio of 0.79.

Paragon 28 Profile

Paragon 28, Inc develops, distributes, and sells foot and ankle surgical systems in the United States and internationally. It offers plating systems, including gorilla plating systems, such as lisfranc, lapidus, lateral column, calcaneus slide, and naviculocuneiform (NC) fusion plating systems; baby gorilla plate-specific screws, navicular fracture plates, and 5th metatarsal hook plates; and silverback plating systems.