Third AP Fund Sells 10,300 Shares of Stryker Corporation $SYK

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Tredje AP Fund decreased its stake in Stryker Corporation by 9.4%, selling 10,300 shares and ending with 99,700 shares valued at $36.86 million. Separately, Director Ronda E. Stryker sold 250,000 shares for $90.73 million, reducing her ownership by 9.23%. Stryker reported strong quarterly earnings of $4.47 per share compared to estimates of $4.40 and revenue of $7.17 billion, up 11.4% year-over-year, and maintains a “Moderate Buy” consensus rating from analysts with an average price target of $426.94.

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