SI

SHOULDER INNOVATIONS, INC.

NYSE · Surgical & Medical Instruments & Apparatus · Inc. DE · CIK 0001699350
$18.70 -0.32% $387.8M
Insider Buying Cluster (3 insiders)High Impact Filing (7/10)9 New Institutional Positions
Vol
Market Cap$387.8M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (92%)
Inst. Holders27 funds
Inst. Value$80.2M
Inst. Activity9 buys / 0 sells
Insider Activity3B / 0S
Insider Net $$78.2K
Reddit Sentiment49° Neutral
SEC Reports3
Exchange NYSE·Sector Surgical & Medical Instruments & Apparatus·Inc. DE·CIK 0001699350·Prev Close $18.76

Recent Activity

May 13, 2026 SEC
Shoulder Innovations reported Q1 2026 net revenue of $16.7M (+65% YoY), beating the $14.5M consensus, and raised full-ye
8-K — Impact 7/10
May 13, 2026 earnings_calendar
SI Q1 2026 Earnings Scheduled — 2026-05-13
Apr 30, 2026 Insider
Ball Robert Joseph acquired via exercise 10,000 shares
CEO & Executive Chairman @ $2.48 ($24.8K)
Apr 29, 2026 SEC
Shoulder Innovations filed additional definitive proxy soliciting materials (DEFA14A) on April 29, 2026. The filing is r
DEFA14A — Impact 3/10
Apr 27, 2026 SEC
Shoulder Innovations, Inc. (SI) announced the full commercial launch of its InSet I-135RFX Humeral Stem, a new shoulder
8-K — Impact 7/10
Apr 20, 2026 Insider
Ahearn Matthew Fraser acquired via exercise 7,421 shares
Chief Operating Officer @ $2.48 ($18.4K)
Mar 13, 2026 Insider
Points Jeffrey S. acquired via exercise 13,264 shares
Chief Financial Officer @ $2.48 ($32.9K)
Inst.
BlackRock, Inc. — ADD
556,052 shares ($8.1M)

Price Targets

$21.25 +13.6% upside Buy
Current $18.70 Low $19.00 Median $21.00 High $24.00 4 analysts
$19.00 $24.00

Analyst Ratings

Strong Buy92% buy · 12 analysts
5Strong Buy
6Buy
1Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 8, 2026 Piper Sandler REITERATE Overweight → Overweight
Mar 11, 2026 BTIG MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.47 ▼ -3.3% $-0.47 — $-0.46 51% YoY 2
Next Q $-0.43 ▼ -4.9% $-0.43 — $-0.43 33% YoY 2
Current FY $-1.70 ▼ -3.0% $-1.73 — $-1.67 44% YoY 2
Next FY $-1.40 ▲ +4.8% $-1.64 — $-1.15 18% YoY 2

Top Institutional Holders

FundValueMove
FMR LLC$55.0MNEW
BlackRock, Inc.$8.1MADD
VANGUARD CAPITAL MANAGEMENT LLC$6.0M
Alyeska Investment Group, L.P.$3.4MTRIM
MORGAN STANLEY$2.3MADD

Recent Insider Trades

DateInsiderTypeValue
Apr 30, 2026Ball RobertM$24.8K
Apr 20, 2026Ahearn MatthewM$18.4K
Mar 13, 2026Points JeffreyM$32.9K
Mar 13, 2026Buchholz RichardBUY$14.8K
Mar 13, 2026Points JeffreyBUY$30.0K

Reddit Sentiment

49°
Neutral
Bearish Neutral Bullish
35 mentions 13 bullish 14 bearish
27 institutional holders with $80.2M total value (5,520,753 shares) as of 2026-Q1. Top holders: FMR, BlackRock,, VANGUARD. Net buying activity: 9 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1FMR LLC3,784,552$55.0M68.6%NEW
2BlackRock, Inc.556,052$8.1M10.1%ADD +78.6%
3VANGUARD CAPITAL MANAGEMENT LLC413,480$6.0M7.5%
4Alyeska Investment Group, L.P.232,984$3.4M4.2%TRIM -48.4%
5MORGAN STANLEY157,578$2.3M2.9%ADD +31.3%
6STATE STREET CORP93,245$1.4M1.7%ADD +59.6%
7VANGUARD PORTFOLIO MANAGEMENT LLC60,997$886.3K1.1%
8ROYAL BANK OF CANADA53,883$783.0K1.0%
9VANGUARD FIDUCIARY TRUST CO37,622$546.6K0.7%
10BANK OF AMERICA CORP /DE/26,983$392.1K0.5%ADD +43.7%
11CHARLES SCHWAB INVESTMENT MANAGEMENT INC22,952$333.5K0.4%ADD +94.9%
12GOLDMAN SACHS GROUP INC14,016$203.7K0.3%
13CITADEL ADVISORS LLC13,524$196.5K0.2%
14Nuveen, LLC12,177$176.9K0.2%
15DEUTSCHE BANK AG\9,331$135.6K0.2%DOUBLED +125.8%
16MetLife Investment Management, LLC6,224$90.4K0.1%
17MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.4,868$70.7K0.1%DOUBLED +111.6%
18RHUMBLINE ADVISERS4,744$68.9K0.1%ADD +51.5%
19JONES FINANCIAL COMPANIES LLLP4,716$65.4K0.1%
20WELLS FARGO & COMPANY/MN3,832$55.7K0.1%ADD +66.3%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BlackRock, Inc.ADD311,353556,052+78.6%$8.1M2026-Q1
STATE STREET CORPADD58,42293,245+59.6%$1.4M2026-Q1
BANK OF AMERICA CORP /DE/ADD18,77826,983+43.7%$392.1K2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD11,77922,952+94.9%$333.5K2026-Q1
DEUTSCHE BANK AG\DOUBLED4,1339,331+125.8%$135.6K2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.DOUBLED2,3014,868+111.6%$70.7K2026-Q1
RHUMBLINE ADVISERSADD3,1314,744+51.5%$68.9K2026-Q1
Legal & General Group PlcADD462880+90.5%$12.8K2026-Q1
CWM, LLCADD151201+33.1%$2.9K2026-Q1
Alyeska Investment Group, L.P.TRIM451,536232,984-48.4%$3.3M2025-Q4
VANGUARD GROUP INCADD146,268220,430+50.7%$3.2M2025-Q4
MORGAN STANLEYADD114,827150,794+31.3%$2.2M2025-Q4
FEDERATED HERMES, INC.TRIM200,00087,726-56.1%$1.3M2025-Q4
STATE STREET CORPADD38,78158,422+50.6%$835.4K2025-Q4
BANK OF AMERICA CORP /DE/TRIM25,67018,778-26.8%$268.5K2025-Q4
WELLS FARGO & COMPANY/MNADD3,1565,250+66.3%$75.1K2025-Q4
RHUMBLINE ADVISERSTRIM4,2863,131-26.9%$44.8K2025-Q4
FMR LLCNEW3,848,795$48.3M2025-Q3
6 unique insiders with 13 transactions. Net insider value: $78.2K ($78.2K bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 30, 2026Ball Robert JosephCEO & Executive ChairmanEXERCISE10,000$2.48$24.8K
Apr 20, 2026Ahearn Matthew FraserChief Operating OfficerEXERCISE7,421$2.48$18.4K
Mar 13, 2026Points Jeffrey S.Chief Financial OfficerEXERCISE13,264$2.48$32.9K
Mar 13, 2026Buchholz RichardDirectorBUY1,000$14.84$14.8K
Mar 13, 2026Points Jeffrey S.Chief Financial OfficerBUY2,000$15.00$30.0K
Mar 13, 2026BUCKMAN PAULDirectorTAX W/H3,292$14.62$48.1K
Mar 13, 2026BUCKMAN PAULDirectorEXERCISE19,401$2.48$48.1K
Mar 13, 2026Ball Robert JosephCEO & Executive ChairmanBUY2,200$15.18$33.4K
Feb 6, 2026Ball Robert JosephCEO & Executive ChairmanEXERCISE10,000$2.48$24.8K
Jan 30, 2026Ball Robert JosephCEO & Executive ChairmanAWARD265,351
Jan 30, 2026Ahearn Matthew FraserChief Operating OfficerAWARD88,450
Jan 30, 2026Blue David LawrenceSee RemarksAWARD88,450
Jan 30, 2026Points Jeffrey S.Chief Financial OfficerAWARD126,357

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (92% buy). Based on 12 analysts: 5 strong buy, 6 buy, 1 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$21.25 mean target +13.6% upside Buy (3.00)
$19.00 Low $24.00 High
MetricValue
Current Price$18.70
Target Low$19.00
Target Mean$21.25
Target Median$21.00
Target High$24.00
# Analysts4
RecommendationBuy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.47 $-0.47 $-0.46 50.7% -3.3% 1↑ 1↓ $0.0B 50.6% 2
Next Q
2026-09-30
$-0.43 $-0.43 $-0.43 32.8% -4.9% 0↑ 2↓ $0.0B 31.9% 2
Current FY
2026-12-31
$-1.70 $-1.73 $-1.67 44.2% -3.0% 1↑ 1↓ $0.1B 42.3% 2
Next FY
2027-12-31
$-1.40 $-1.64 $-1.15 17.9% +4.8% 2↑ 0↓ $0.1B 28.0% 2

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.465
7d ago$-0.450-0.015
30d ago$-0.450-0.015
60d ago$-0.450-0.015
90d ago$-0.380-0.085
2 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 8, 2026 Piper Sandler REITERATE Overweight Overweight
Mar 11, 2026 BTIG MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20265610092%
May 1, 20265610092%
Apr 1, 20265610092%
Mar 1, 20265710092%
Feb 1, 20265710092%
Jan 1, 20265710092%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

49°
Neutral
Bearish Neutral Bullish
35 mentions 13 bullish 14 bearish 30 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Jun 6, 2026242° Neutral012
Jun 6, 2026242° Neutral012
Jun 3, 2026160° Warm101
Jun 2, 2026329° Bearish033
Jun 2, 2026140° Cool011
Jun 2, 2026140° Cool011
Jun 2, 2026140° Cool011
Jun 1, 2026140° Cool011
Jun 1, 2026140° Cool011
May 29, 2026160° Warm101
May 29, 2026160° Warm101
May 20, 2026160° Warm101
May 20, 2026160° Warm101
May 15, 2026160° Warm101
May 15, 2026160° Warm101
May 13, 2026156° Neutral001
May 13, 2026156° Neutral001
May 10, 2026160° Warm101
May 9, 2026160° Warm101
May 9, 2026160° Warm101
May 2, 2026156° Neutral001
May 1, 2026140° Cool011
May 1, 2026140° Cool011
Apr 28, 2026140° Cool011
Apr 28, 2026140° Cool011
Apr 24, 2026156° Neutral001
Apr 22, 2026150° Neutral001
Apr 22, 2026150° Neutral001
Apr 16, 2026267° Warm202
Apr 16, 2026160° Warm101
May 13, 2026
earnings_calendar
SI Q1 2026 Earnings Scheduled — 2026-05-13
Mar 10, 2026
earnings_calendar
SI Q4 2025 Earnings Scheduled — 2026-03-10