Russell Investments Group Ltd. increased its holdings in RTI Surgical, Inc. (NASDAQ:RTIX) by 12.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,742 shares of the medical equipment provider’s stock after purchasing an additional 9,687 shares during the quarter. Russell Investments Group Ltd. owned 0.15% of RTI Surgical worth $514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in RTI Surgical by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,900,031 shares of the medical equipment provider’s stock worth $15,600,000 after purchasing an additional 74,933 shares during the period. Vanguard Group Inc. raised its position in RTI Surgical by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 1,930,869 shares of the medical equipment provider’s stock worth $7,724,000 after purchasing an additional 8,452 shares during the period. Kennedy Capital Management Inc. raised its position in RTI Surgical by 20.0% in the 1st quarter. Kennedy Capital Management Inc. now owns 1,422,371 shares of the medical equipment provider’s stock worth $5,689,000 after purchasing an additional 236,923 shares during the period. Renaissance Technologies LLC raised its position in RTI Surgical by 12.6% in the 1st quarter. Renaissance Technologies LLC now owns 758,900 shares of the medical equipment provider’s stock worth $3,036,000 after purchasing an additional 84,700 shares during the period. Finally, Geode Capital Management LLC raised its position in RTI Surgical by 3.7% in the 1st quarter. Geode Capital Management LLC now owns 456,346 shares of the medical equipment provider’s stock worth $1,825,000 after purchasing an additional 16,235 shares during the period. Institutional investors own 69.99% of the company’s stock.

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A number of brokerages recently commented on RTIX. BidaskClub cut shares of RTI Surgical from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Zacks Investment Research cut shares of RTI Surgical from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, ValuEngine upgraded shares of RTI Surgical from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd.

RTI Surgical, Inc. (NASDAQ RTIX) traded up 1.10% during trading on Wednesday, hitting $4.60. 138,403 shares of the company’s stock were exchanged. RTI Surgical, Inc. has a 52-week low of $2.50 and a 52-week high of $6.00. The firm has a 50 day moving average price of $4.77 and a 200 day moving average price of $4.74. The company’s market cap is $271.56 million.

RTI Surgical (NASDAQ:RTIX) last released its earnings results on Tuesday, August 8th. The medical equipment provider reported $0.02 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.02. The firm had revenue of $72.10 million during the quarter, compared to analyst estimates of $70.25 million. RTI Surgical had a negative net margin of 6.53% and a positive return on equity of 2.07%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. On average, equities research analysts predict that RTI Surgical, Inc. will post $0.06 earnings per share for the current year.

In related news, Director Nicholas J. Valeriani purchased 5,500 shares of RTI Surgical stock in a transaction that occurred on Monday, August 21st. The shares were bought at an average price of $4.70 per share, with a total value of $25,850.00. Following the purchase, the director now directly owns 47,754 shares of the company’s stock, valued at approximately $224,443.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John N. Varela purchased 12,000 shares of RTI Surgical stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average cost of $4.85 per share, for a total transaction of $58,200.00. Following the purchase, the executive vice president now directly owns 47,998 shares in the company, valued at $232,790.30. The disclosure for this purchase can be found here. 4.90% of the stock is currently owned by company insiders.

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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