DNB Asset Management AS Sells 7,650 Shares of Stryker Corporation $SYK

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DNB Asset Management AS reduced its stake in Stryker Corporation by 10.2% in the third quarter, selling 7,650 shares and retaining 67,457 shares valued at approximately $24.94 million. Separately, corporate insider Ronda E. Stryker sold 250,000 shares for about $90.73 million, decreasing her ownership by 9.23%. Stryker recently surpassed quarterly EPS and revenue estimates, declared an $0.88 quarterly dividend, and holds a “Moderate Buy” analyst consensus rating with an average target price of $426.47.

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