Shoulder Innovations (SI) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
- Closed at $18.09, -1.52% vs the prior close of $18.37.
- Volume 61.63K shares, 0.5x its 50-day average (light).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
SI dips 1.5% to $18.09. Closed at $18.09, -1.52% vs the prior close of $18.37. Day range $18.07–$18.59, opened at $18.52.
SI daily analysis — what happened
A plain-English, data-only note written after every US trading day. Newest first; older days stay archived below.
Oct 16, 2026 — SI dips 1.5% to $18.09
- Closed at $18.09, -1.52% vs the prior close of $18.37. Day range $18.07–$18.59, opened at $18.52.
- Volume was 61.63K shares, 0.5x its 50-day average of 122.64K — lighter than usual.
- Price is -7.0% vs its 50-day average ($19.45) and +8.0% vs its 200-day average ($16.75).
- 52-week range $10.92–$24.59; today's close sits at 52% of that range, 26.4% below the 52-week high.
Oct 15, 2026 — SI rises 2.8% to $18.37
- Closed at $18.37, +2.80% vs the prior close of $17.87. Day range $18.20–$19.00, opened at $18.20.
- Volume was 81.00K shares, 0.7x its 50-day average of 122.11K.
- Price is -6.0% vs its 50-day average ($19.53) and +9.7% vs its 200-day average ($16.74).
- 52-week range $10.92–$24.59; today's close sits at 54% of that range, 25.3% below the 52-week high.
Oct 14, 2026 — SI dips 1.1% to $17.87
- Closed at $17.87, -1.11% vs the prior close of $18.07. Day range $17.87–$18.61, opened at $18.10.
- Volume was 104.10K shares, 0.8x its 50-day average of 123.61K.
- Price is -8.9% vs its 50-day average ($19.62) and +6.8% vs its 200-day average ($16.72).
- 52-week range $10.92–$24.59; today's close sits at 51% of that range, 27.3% below the 52-week high.
Oct 13, 2026 — SI dips 0.9% to $18.07
- Closed at $18.07, -0.88% vs the prior close of $18.23. Day range $17.95–$18.95, opened at $18.25.
- Volume was 69.10K shares, 0.6x its 50-day average of 123.54K — lighter than usual.
- Price is -8.3% vs its 50-day average ($19.72) and +8.1% vs its 200-day average ($16.71).
- 52-week range $10.92–$24.59; today's close sits at 52% of that range, 26.5% below the 52-week high.
Oct 12, 2026 — SI rises 0.6% to $18.23
- Closed at $18.23, +0.55% vs the prior close of $18.13. Day range $17.97–$18.40, opened at $18.30.
- Volume was 69.20K shares, 0.6x its 50-day average of 123.74K — lighter than usual.
- Price is -7.9% vs its 50-day average ($19.80) and +9.2% vs its 200-day average ($16.70).
- 52-week range $10.92–$24.59; today's close sits at 53% of that range, 25.9% below the 52-week high.
Oct 9, 2026 — SI rises 1.3% to $18.13
- Closed at $18.13, +1.34% vs the prior close of $17.89. Day range $17.75–$18.64, opened at $17.75.
- Volume was 91.00K shares, 0.7x its 50-day average of 124.16K.
- Price is -8.9% vs its 50-day average ($19.89) and +8.7% vs its 200-day average ($16.68).
- 52-week range $10.92–$24.59; today's close sits at 53% of that range, 26.3% below the 52-week high.
Oct 8, 2026 — SI slides 4.4% to $17.89, 3 down days in a row
- Closed at $17.89, -4.38% vs the prior close of $18.71. Day range $17.80–$19.01, opened at $18.70.
- Volume was 100.90K shares, 0.8x its 50-day average of 125.49K.
- Price is -10.5% vs its 50-day average ($19.99) and +7.3% vs its 200-day average ($16.67).
- 52-week range $10.92–$24.59; today's close sits at 51% of that range, 27.3% below the 52-week high.
- That makes 3 straight losses.
- SEC filings that day: 8-K.
Oct 7, 2026 — SI dips 2.2% to $18.71
- Closed at $18.71, -2.25% vs the prior close of $19.14. Day range $18.50–$19.33, opened at $19.27.
- Volume was 81.80K shares, 0.6x its 50-day average of 126.74K.
- Price is -7.0% vs its 50-day average ($20.11) and +12.3% vs its 200-day average ($16.66).
- 52-week range $10.92–$24.59; today's close sits at 57% of that range, 23.9% below the 52-week high.
Oct 6, 2026 — SI dips 2.3% to $19.14
- Closed at $19.14, -2.35% vs the prior close of $19.60. Day range $19.03–$19.91, opened at $19.56.
- Volume was 127.00K shares, 1.0x its 50-day average of 125.24K.
- Price is -5.3% vs its 50-day average ($20.22) and +15.0% vs its 200-day average ($16.64).
- 52-week range $10.92–$24.59; today's close sits at 60% of that range, 22.2% below the 52-week high.
Oct 5, 2026 — SI jumps 3.1% to $19.60
- Closed at $19.60, +3.10% vs the prior close of $19.01. Day range $18.74–$20.03, opened at $18.81.
- Volume was 148.10K shares, 1.2x its 50-day average of 123.14K.
- Price is -3.2% vs its 50-day average ($20.26) and +17.9% vs its 200-day average ($16.62).
- 52-week range $10.92–$24.59; today's close sits at 63% of that range, 20.3% below the 52-week high.
Oct 2, 2026 — SI rises 1.4% to $19.01
- Closed at $19.01, +1.39% vs the prior close of $18.75. Day range $18.55–$19.49, opened at $18.89.
- Volume was 144.40K shares, 1.2x its 50-day average of 121.59K.
- Price is -6.2% vs its 50-day average ($20.27) and +14.5% vs its 200-day average ($16.60).
- 52-week range $10.92–$24.59; today's close sits at 59% of that range, 22.7% below the 52-week high.
SI latest news & SEC filings
Every SEC filing by or about SI in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 8, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Oct 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Tansey Casey M received an award of 733 shares at $19.60 (≈$14.37K) on Oct 5, 2026; now holds 53,445
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Sidow Kevin K. received an award of 892 shares at $19.60 (≈$17.48K) on Oct 5, 2026; now holds 25,948
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Hykes Andrew received an award of 669 shares at $19.60 (≈$13.11K) on Oct 5, 2026; now holds 7,438
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Buckman Paul received an award of 1,275 shares at $19.60 (≈$24.99K) on Oct 5, 2026; now holds 65,025
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 14, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Ball Robert Joseph sold 10,175 shares at $18.45 (≈$187.73K) on Sep 14, 2026
- Ball Robert Joseph sold 10,175 shares at $18.45 (≈$187.73K) on Sep 14, 2026
- Ball Robert Joseph sold 10,175 shares at $18.45 (≈$187.73K) on Sep 14, 2026
- Ball Robert Joseph sold 10,175 shares at $18.45 (≈$187.73K) on Sep 14, 2026
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 14, 2026 · Form 144 — Planned insider sale
Notice of proposed sale (Form 144) — an insider or affiliate plans to sell restricted or control shares
A notice of intent, not a completed sale. Any actual sale by a director or officer shows up later on Form 4.
Aug 13, 2026 · Form EFFECT — EFFECT filing
EFFECT filing
Aug 10, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Aug 7, 2026 · Form SCHEDULE 13D/A — Update to a 13D 5%+ stake disclosure
Update to a 13D 5%+ stake disclosure
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 7, 2026 · Form S-3 — Shelf registration (S-3)
Shelf registration (S-3) — lets the company sell securities over time
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Aug 6, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Revenue: $17.18M (prior year $11.01M) (+56.0% vs Jun 30, 2025)
- Net income: -$10.15M (prior year -$19.20M) (loss narrowed vs Jun 30, 2025)
- Diluted EPS: -$0.49 (prior year -$165.53) (loss narrowed vs Jun 30, 2025)
Aug 6, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Aug 6, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Jun 29, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 1.01 — Signed a material agreement.
- Item 1.02 — Ended a material agreement.
- Item 2.03 — Took on a new material debt or financial obligation.
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Things to know before you trade SI
- Last results release: Aug 6, 2026 (8-K Item 2.02). Previous ones: May 13, 2026, Mar 10, 2026, Nov 12, 2025. Based on that rhythm, the next report is likely around Nov 5, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 2.05% (largest 5.7%).
- Liquidity: about 111.22K shares (≈$2.01M) trade per day on average.
- 52-week position: $18.09 vs a range of $10.92–$24.59 (52% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 25 sales; latest: Robert Joseph Ball sold 10,175 shares on Sep 14, 2026.
- Latest filings: 8-K Oct 8, 2026; 8-K Aug 10, 2026; 10-Q Aug 6, 2026.
- Share count: 20.82M shares outstanding (Jul 30, 2026), +2.3% vs a year earlier.
- Listing: NYSE · industry: Surgical & Medical Instruments & Apparatus.
SI market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 18.52 | 18.59 | 18.07 | 18.09 | 61.63K |
| Oct 15, 2026 | 18.20 | 19.00 | 18.20 | 18.37 | 81.00K |
| Oct 14, 2026 | 18.10 | 18.61 | 17.87 | 17.87 | 104.10K |
| Oct 13, 2026 | 18.25 | 18.95 | 17.95 | 18.07 | 69.10K |
| Oct 12, 2026 | 18.30 | 18.40 | 17.97 | 18.23 | 69.20K |
| Oct 9, 2026 | 17.75 | 18.64 | 17.75 | 18.13 | 91.00K |
| Oct 8, 2026 | 18.70 | 19.01 | 17.80 | 17.89 | 100.90K |
| Oct 7, 2026 | 19.27 | 19.33 | 18.50 | 18.71 | 81.80K |
| Oct 6, 2026 | 19.56 | 19.91 | 19.03 | 19.14 | 127.00K |
| Oct 5, 2026 | 18.81 | 20.03 | 18.74 | 19.60 | 148.10K |
| Oct 2, 2026 | 18.89 | 19.49 | 18.55 | 19.01 | 144.40K |
| Oct 1, 2026 | 18.90 | 19.60 | 18.45 | 18.75 | 213.40K |
| Sep 30, 2026 | 18.84 | 19.50 | 18.44 | 18.90 | 191.20K |
| Sep 29, 2026 | 17.80 | 18.99 | 17.78 | 18.79 | 162.20K |
| Sep 28, 2026 | 16.95 | 18.32 | 16.56 | 17.95 | 155.20K |
| Sep 25, 2026 | 17.08 | 17.43 | 16.81 | 16.99 | 77.10K |
| Sep 24, 2026 | 17.21 | 17.40 | 16.82 | 17.01 | 79.90K |
| Sep 23, 2026 | 17.64 | 18.05 | 17.00 | 17.37 | 97.80K |
| Sep 22, 2026 | 17.44 | 18.17 | 17.25 | 17.61 | 108.00K |
| Sep 21, 2026 | 18.42 | 18.69 | 17.09 | 17.52 | 61.40K |
About Shoulder Innovations
Shoulder Innovations (SI) is listed on the NYSE and classified by the SEC under “Surgical & Medical Instruments & Apparatus”. Its business address is in GRAND RAPIDS, MI. State of incorporation: DE. Fiscal year ends December 31. SEC CIK 1699350.
SI board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Matthew Fraser Ahearn | Chief Operating Officer | Aug 18, 2026 |
| Paul Buckman | Director | Jun 29, 2026 |
| Robert Joseph Ball | CEO & Executive Chairman | Sep 14, 2026 |
| Richard Buchholz | Director | Jun 29, 2026 |
| Andrew Hykes | Director | Jun 29, 2026 |
| Kevin K. Sidow | Director | Jun 29, 2026 |
| Casey M Tansey | Director | Jun 29, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Matthew Fraser Ahearn | Chief Operating Officer | Aug 18, 2026 |
| Robert Joseph Ball | CEO & Executive Chairman | Sep 14, 2026 |
| David Lawrence Blue | See Remarks | Feb 3, 2026 |
| Jonathan E. Osborne | Chief Commercial Officer | Aug 10, 2026 |
| Jeffrey S. Points | Chief Financial Officer | Mar 17, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Sep 14, 2026 | Robert Joseph Ball | Sale | 10,175 | $18.45 |
| Sep 14, 2026 | Robert Joseph Ball | Sale | 10,175 | $18.45 |
| Sep 14, 2026 | Robert Joseph Ball | Sale | 10,175 | $18.45 |
| Sep 14, 2026 | Robert Joseph Ball | Sale | 10,175 | $18.45 |
| Aug 26, 2026 | Healthcare Holding B.V. Gilde | Sale | 1,196 | $22.60 |
| Aug 26, 2026 | Healthcare Holding B.V. Gilde | Sale | 1,196 | $22.60 |
| Aug 26, 2026 | Healthcare Holding B.V. Gilde | Sale | 1,196 | $22.60 |
| Aug 26, 2026 | Healthcare Holding B.V. Gilde | Sale | 1,196 | $22.60 |
| Aug 24, 2026 | Healthcare Holding B.V. Gilde | Sale | 681 | $22.62 |
| Aug 24, 2026 | Healthcare Holding B.V. Gilde | Sale | 681 | $22.62 |
| Aug 24, 2026 | Healthcare Holding B.V. Gilde | Sale | 681 | $22.62 |
| Aug 24, 2026 | Healthcare Holding B.V. Gilde | Sale | 681 | $22.62 |
| Aug 21, 2026 | Healthcare Holding B.V. Gilde | Sale | 20,516 | $22.61 |
| Aug 21, 2026 | Healthcare Holding B.V. Gilde | Sale | 20,516 | $22.61 |
| Aug 21, 2026 | Healthcare Holding B.V. Gilde | Sale | 20,516 | $22.61 |
SI financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | $47.32M | $-40.36M | -4.65 | $-28.61M |
| Dec 31, 2024 | $31.62M | $-15.62M | -242.04 | $-14.14M |
Latest balance sheet: total assets $152.01M, total liabilities $27.68M, cash $24.46M (as of Jun 30, 2026).
SI earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Aug 6, 2026 | 8-K Item 2.02 (results) | $22.43 |
| May 13, 2026 | 8-K Item 2.02 (results) | $13.53 |
| Mar 10, 2026 | 8-K Item 2.02 (results) | $13.05 |
| Nov 12, 2025 | 8-K Item 2.02 (results) | $15.00 |
| Sep 9, 2025 | 8-K Item 2.02 (results) | $14.98 |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 16, 2026, 4:00 PM ET. Filings: SEC EDGAR. Updated after every US trading day.