CONMED (CNMD)

• Market cap: $1.56B
• 1 day: -4.29%
• 5 days: -4.23%
• 1 month: -5.45%
• 3 months: -3.37%
• 6 months: -17.77%
• Year to date: -25.05%
• 1 year: -32.51%
• 5 years: -39.11%
• 10 years: -2.68%
• Sector: Healthcare
• Industry: Medical Devices

About: Conmed Corp is a Utica, New York-based medical equipment company that focuses on sports medicine procedures and general surgeries. The Company's products are used by surgeons and other healthcare professionals in a variety of specialties including orthopedics, general surgery, gynecology, thoracic surgery and gastroenterology. Geographically operates in USA, Europe, Middle East & Africa, Asia Pacific and North America. Majority is revenue is from USA.

Employees: 3,900

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

134% more call options, than puts

Call options by funds: $3.91M | Put options by funds: $1.67M

0% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 95

4% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 45

2% less funds holding

Funds holding: 278 [Q1] → 272 (-6) [Q2]

2.22% less ownership

Funds ownership: 115.16% [Q1] → 112.93% (-2.22%) [Q2]

15% less capital invested

Capital invested by funds: $2.15B [Q1] → $1.82B (-$328M) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $68
• Avg. target: $68
• High target: $68

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Piper Sandler Matt OBrien

$68

Overweight Maintained

31 Jul 2025