Stock Fundamentals

Company Information

Company Name
Paragon 28 Inc
Sector
Healthcare
Industry
Medical Devices
Exchange
NYSE
ISIN: US69913P1057
CIK: 0001531978
CUSIP: 69913P105
Currency: USD
Full Time Employees: 525
Phone: 720-912-1332
Fiscal Year End: December
IPO Date: Oct 15, 2021
Description:

Paragon 28, Inc. develops, distributes, and sells foot and ankle surgical systems in the United States and internationally. The company offers forefoot systems, including gorilla precision MTP plating system, gorilla precision lapidus plating system, phantom lapidus intramedullary nail system, Bun-Yo-Matic lapidus clamp, and precision MIS screw system; and fracture fixation systems comprising gorilla ankle fracture plating system, baby gorilla plating system, monster screw system, monkey bars external fixation system, R3Flex syndesmotic repair system, and phantom fibula nail system. It also provides flatfoot systems, such as gorilla universal plating system, JAWS great white staple system, monster screw system, grappler suture anchor system, and mister tendon harvester system; ankle replacement system consists of metallic and plastic implant components, as well as ankle fusion plating system and phantom hindfoot nailing system; Charcot systems, including the joust beaming system, gorilla medial column plating system, and monkey rings external fixation system; and orthobiologics products, such as V92 cellular bone matrix, PRESERVE bone wedges, MgNum bone void filler, and BEAST demineralized bone matrix. The company serves hospitals, ambulatory surgery centers, and health care facilities through a network of sales representatives and stocking distributors. Paragon 28, Inc. was founded in 2010 and is headquartered in Englewood, Colorado. As of April 21, 2025, Paragon 28, Inc. operates as a subsidiary of Zimmer Biomet Holdings, Inc.

Address:

14445 Grasslands Drive, Englewood, CO, United States, 80112

Directors & Officers

Name Title Year Born
Mr. Albert DaCosta Co-Founder, Chairman, President & CEO 1974
Mr. Robert S. McCormack J.D. General Counsel & Secretary 1968
Mr. Matthew Jarboe Executive VP of Sales & Chief Commercial Officer 1984
Mr. Andrew James Hill Executive Vice President of Research & Development 1985
Mr. Chadi Chahine CFO & Executive VP of Supply Chain Operations 1974
Mr. Matthew Brinckman Senior Vice President of Strategy & Investor Relations NA
Mr. Brendan Shook Executive VP of Marketing & Medical Education NA
Dr. Matthew Millard Chief Human Resources Officer NA
Mr. John Shumaker Executive Vice President of Sales - U.S. NA
Mr. Hans Kestler Executive Vice President of International NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Glazer Capital, LLC 5.79M Mar 31, 2025 6.88% $3.50 0.00%
MVM Partners LLC 4.85M Mar 31, 2025 5.77% $80.36 -53.26%
BlackRock Inc 3.61M Mar 31, 2025 4.28% $0.00 2.47%
Vanguard Group Inc 2.99M Mar 31, 2025 3.55% $0.00 6.31%
Trium Capital LLP 2.80M Mar 31, 2025 3.32% $4.56 0.00%
Test Hedge Fund Mgmt 2.56M Mar 31, 2025 3.04% $2.09 0.00%
Cadian Capital Management LP 2.08M Mar 31, 2025 2.47% $1.16 47.91%
Rubric Capital Management LP 1.88M Mar 31, 2025 2.23% $0.44 0.00%
Gabelli Securities Inc 1.40M Mar 31, 2025 1.66% $2.77 0.00%
Gabelli Funds LLC 1.29M Mar 31, 2025 1.53% $0.13 0.00%
Millennium Management LLC 1.12M Mar 31, 2025 1.33% $0.01 220.20%
State Street Corp 1.09M Mar 31, 2025 1.30% $0.00 4.16%
Geode Capital Management, LLC 1.01M Mar 31, 2025 1.20% $0.00 2.82%
CIBRA Capital Ltd 931.68K Mar 31, 2025 1.11% $4.16 0.00%
Jane Street Group LLC 904.94K Mar 31, 2025 1.08% $0.00 1,109.76%
Pentwater Capital Management LP 900.00K Mar 31, 2025 1.07% $0.10 0.00%
Picton Mahoney Asset Management 750.00K Mar 31, 2025 0.89% $0.17 0.00%
Park Edge Advisors, LLC 598.87K Mar 31, 2025 0.71% $2.18 0.00%
ExodusPoint Capital Management, LP 595.65K Mar 31, 2025 0.71% $0.08 1,071.74%
Chicago Capital Management, LLC 571.30K Mar 31, 2025 0.68% $4.64 0.00%

Shares Statistics

Shares Outstanding: 83.94M
Shares Float: 44.19M
% Insiders: 3,121.50%
% Institutions: 5,084.10%
Short % Float: 2.13%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Glazer Capital, LLC 5.79M 6.88% ▲ 0.00% Mar 31, 2025
2 MVM Partners LLC 4.85M 5.77% ▼ 53.26% Mar 31, 2025
3 BlackRock Inc 3.61M 4.28% ▲ 2.47% Mar 31, 2025
4 Vanguard Group Inc 2.99M 3.55% ▲ 6.31% Mar 31, 2025
5 Trium Capital LLP 2.80M 3.32% ▲ 0.00% Mar 31, 2025
6 Test Hedge Fund Mgmt 2.56M 3.04% ▲ 0.00% Mar 31, 2025
7 Cadian Capital Management LP 2.08M 2.47% ▲ 47.91% Mar 31, 2025
8 Rubric Capital Management LP 1.88M 2.23% ▲ 0.00% Mar 31, 2025
9 Gabelli Securities Inc 1.40M 1.66% ▲ 0.00% Mar 31, 2025
10 Gabelli Funds LLC 1.29M 1.53% ▲ 0.00% Mar 31, 2025

Valuation Metrics

Enterprise Value: $1.17B
Trailing P/E: 0.00
Forward P/E: 0.00

Financial Highlights

Market Cap: $1.10B
EBITDA: $-22.23M
Book Value: $1.56
Earnings/Share: $-0.66
Profit Margin: -21.33%
Operating Margin: -8.97%
ROA (TTM): -8.18%
ROE (TTM): -36.39%
Revenue (TTM): $256.18M
Revenue/Share (TTM): $3.08
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 18.50%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 3.51x 0.85x 0.55x -3.54x -4.73x
2023-12-31 4.21x 0.62x 0.48x -7.22x -5.10x
2022-12-31 2.08x 0.31x 0.45x -8.49x -0.91x
2021-12-31 5.29x 0.04x 0.18x -6.27x -3.32x
2020-12-31 3.25x 0.09x 0.27x 9.35x 0.52x
2019-12-31 1.08x 0.74x 0.63x 4.19x 2.96x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 13, 2025 Mvm Partners, Llc N/A Sale 1.04M $13.04 $13.62M
Mar 06, 2025 Mvm Partners, Llc N/A Sale 164.66K $13.01 $2.14M
Mar 04, 2025 Mvm Partners, Llc N/A Sale 619.75K $12.99 $8.05M
Feb 27, 2025 Josh Gottheimer N/A Sale N/A $13.00 N/A
Jan 29, 2025 Gilbert Ray Cisneros, Jr. N/A Purchase N/A $13.00 N/A
Jan 27, 2025 Mvm Partners, Llc N/A Sale 27.14K $11.62 $315.39K
Jan 23, 2025 Mvm Partners, Llc N/A Sale 20.14K $11.63 $234.18K
Dec 04, 2024 Mvm Partners, Llc N/A Sale 18.11K $10.14 $183.63K
Nov 27, 2024 Mvm Partners, Llc N/A Sale 4.26K $10.00 $42.56K
Nov 25, 2024 Mvm Partners, Llc N/A Sale 10.84K $10.09 $109.33K
Nov 22, 2024 Mvm Partners, Llc N/A Sale 72.13K $10.16 $732.87K
Nov 20, 2024 Mvm Partners, Llc N/A Sale 147.58K $10.28 $1.52M

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