Spark Investment Management LLC boosted its stake in shares of RTI Surgical, Inc. (NASDAQ:RTIX) by 57.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,700 shares of the medical equipment provider’s stock after buying an additional 58,500 shares during the period. Spark Investment Management LLC’s holdings in RTI Surgical were worth $940,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in RTIX. Dimensional Fund Advisors LP increased its stake in RTI Surgical by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,825,098 shares of the medical equipment provider’s stock valued at $12,432,000 after buying an additional 10,573 shares in the last quarter. Renaissance Technologies LLC increased its stake in RTI Surgical by 28.9% in the fourth quarter. Renaissance Technologies LLC now owns 674,200 shares of the medical equipment provider’s stock valued at $2,191,000 after buying an additional 151,200 shares in the last quarter. State Street Corp increased its stake in RTI Surgical by 2.6% in the fourth quarter. State Street Corp now owns 996,778 shares of the medical equipment provider’s stock valued at $3,243,000 after buying an additional 25,581 shares in the last quarter. Russell Investments Group Ltd. increased its stake in RTI Surgical by 176.0% in the first quarter. Russell Investments Group Ltd. now owns 78,055 shares of the medical equipment provider’s stock valued at $313,000 after buying an additional 49,777 shares in the last quarter. Finally, Nine Chapters Capital Management LLC increased its stake in RTI Surgical by 75.9% in the first quarter. Nine Chapters Capital Management LLC now owns 35,000 shares of the medical equipment provider’s stock valued at $140,000 after buying an additional 15,100 shares in the last quarter. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Shares of RTI Surgical, Inc. (NASDAQ:RTIX) opened at 4.75 on Friday. The company’s market cap is $279.94 million. RTI Surgical, Inc. has a 12-month low of $2.50 and a 12-month high of $6.00. The stock’s 50 day moving average price is $5.59 and its 200 day moving average price is $4.48.

RTI Surgical (NASDAQ:RTIX) last released its earnings results on Tuesday, August 8th. The medical equipment provider reported $0.02 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.02. The company had revenue of $72.10 million during the quarter, compared to analysts’ expectations of $70.25 million. RTI Surgical had a positive return on equity of 2.06% and a negative net margin of 6.53%. The company’s revenue was up 6.7% on a year-over-year basis. On average, analysts forecast that RTI Surgical, Inc. will post $0.07 EPS for the current year.

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RTIX has been the subject of several recent research reports. BidaskClub downgraded RTI Surgical from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. TheStreet upgraded RTI Surgical from a “d+” rating to a “c-” rating in a report on Friday, May 5th. Zacks Investment Research downgraded RTI Surgical from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. Finally, ValuEngine upgraded RTI Surgical from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.

In other news, CEO Camille Farhat bought 61,693 shares of the stock in a transaction dated Thursday, May 18th. The stock was bought at an average price of $4.65 per share, for a total transaction of $286,872.45. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 4.90% of the company’s stock.

About RTI Surgical

RTI Surgical, Inc is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Company uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties.

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Institutional Ownership by Quarter for RTI Surgical (NASDAQ:RTIX)

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