Posted by Noah on Apr 25th, 2016
Baird Financial Group Inc. reduced its position in Globus Medical Inc (NASDAQ:GMED) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,363,313 shares of the medical device company’s stock after selling 40,687 shares during the period. Baird Financial Group Inc. owned approximately 1.43% of Globus Medical worth $37,927,000 at the end of the most recent reporting period. 
A number of other large investors also recently made changes to their positions in GMED. Aberdeen Asset Management PLC UK increased its stake in shares of Globus Medical by 102.7% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 816,475 shares of the medical device company’s stock worth $17,472,000 after buying an additional 413,773 shares in the last quarter. New Amsterdam Partners LLC NY increased its stake in shares of Globus Medical by 43.7% in the fourth quarter. New Amsterdam Partners LLC NY now owns 906,530 shares of the medical device company’s stock worth $25,220,000 after buying an additional 275,857 shares in the last quarter. Eagle Asset Management increased its stake in shares of Globus Medical by 117.1% in the third quarter. Eagle Asset Management now owns 378,006 shares of the medical device company’s stock worth $7,808,000 after buying an additional 203,883 shares in the last quarter. Henderson Group PLC increased its stake in shares of Globus Medical by 41.9% in the fourth quarter. Henderson Group PLC now owns 511,467 shares of the medical device company’s stock worth $14,229,000 after buying an additional 151,083 shares in the last quarter. Finally, Foresters Investment Management Company Inc. bought a new stake in shares of Globus Medical during the fourth quarter worth $3,394,000.