Paragon 28 (NYSE:FNA) Stock Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Paragon 28, Inc. (NYSE:FNA). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paragon 28 stock on February 27th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/28/2025.
• Sold $1,001 – $15,000 in shares of Block (NYSE:XYZ) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/26/2025.
• Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Vertiv (NYSE:VRT) on 2/25/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/24/2025.

Paragon 28 Trading Down 0.0 %

Shares of FNA stock opened at $13.03 on Friday. The stock has a 50-day moving average of $12.07 and a 200-day moving average of $9.33. Paragon 28, Inc. has a 1-year low of $4.65 and a 1-year high of $13.13. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -17.60 and a beta of 1.54. The company has a current ratio of 3.50, a quick ratio of 1.60 and a debt-to-equity ratio of 0.79.

Analysts Set New Price Targets

FNA has been the subject of a number of research reports. Needham & Company LLC reissued a “hold” rating and issued a $13.00 price objective on shares of Paragon 28 in a research note on Wednesday, January 29th. William Blair lowered Paragon 28 from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th. Stephens reiterated an “equal weight” rating and set a $13.00 price target (down from $14.00) on shares of Paragon 28 in a report on Thursday, January 30th. Finally, Canaccord Genuity Group set a $13.00 target price on Paragon 28 in a research report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $14.20.

Insider Activity

In other news, major shareholder Mvm Partners, Llc sold 164,664 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $13.01, for a total transaction of $2,142,278.64. Following the transaction, the insider now directly owns 8,854,883 shares of the company’s stock, valued at $115,202,027.83. This represents a 1.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 831,689 shares of company stock valued at $10,742,364 in the last ninety days. 15.32% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FNA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Paragon 28 by 3.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,819 shares of the company’s stock worth $277,000 after buying an additional 820 shares during the last quarter. AlphaQuest LLC lifted its position in Paragon 28 by 33.6% in the 4th quarter. AlphaQuest LLC now owns 3,680 shares of the company’s stock valued at $38,000 after acquiring an additional 925 shares in the last quarter. Rhumbline Advisers lifted its position in Paragon 28 by 1.7% in the 4th quarter. Rhumbline Advisers now owns 62,861 shares of the company’s stock valued at $649,000 after acquiring an additional 1,024 shares in the last quarter. State of Wyoming lifted its position in Paragon 28 by 37.4% in the 4th quarter. State of Wyoming now owns 4,359 shares of the company’s stock valued at $45,000 after acquiring an additional 1,187 shares in the last quarter. Finally, MN Wealth Advisors LLC lifted its holdings in shares of Paragon 28 by 1.4% during the 4th quarter. MN Wealth Advisors LLC now owns 84,535 shares of the company’s stock valued at $873,000 after buying an additional 1,200 shares during the period. Hedge funds and other institutional investors own 63.57% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Paragon 28 Company 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.