Si-Bone SVP Pisetsky sells $57k in shares

Published 08/07/2025, 01:34
Si-Bone SVP Pisetsky sells $57k in shares

Michael A. Pisetsky, SVP, Ops & Adm/Chief Legal Ofr at SI-BONE, Inc. (NASDAQ:SIBN), sold 3,127 shares of common stock on July 2, 2025, for approximately $57,202. The sales were executed in multiple transactions at prices ranging from $18.07 to $18.44.

Pisetsky’s transactions involved three sales. He sold 34 shares at $18.375, 1,795 shares at a weighted average price of $18.3125, and 1,298 shares at a weighted average price of $18.2644.

Following these transactions, Pisetsky directly owns 261,681 shares of SI-BONE, Inc. common stock, which includes 145,043 shares issuable on the settlement of restricted stock units. According to InvestingPro data, analysts maintain a strong bullish stance on the stock, with a consensus target suggesting significant upside potential. Get deeper insights into insider trading patterns and 7+ additional exclusive ProTips with an InvestingPro subscription.

The sales reported on the Form 4 represent shares required to be sold by Pisetsky to cover tax withholding obligations in connection with the vesting of restricted stock units and do not represent a discretionary trade by the reporting person. The company maintains a GREAT financial health score according to InvestingPro analysis, with strong liquidity metrics and solid growth momentum.

In other recent news, SI-BONE Inc. reported its first-quarter 2025 financial results, revealing a revenue of $47.3 million, which surpassed the projections of both Cantor Fitzgerald and FactSet, set at $45.1 million. This represents a year-over-year growth of approximately 25%, driven by a 27% increase in U.S. revenue. The company also reported a positive adjusted EBITDA of $0.5 million, significantly exceeding the consensus expectation of a $2.6 million loss. Following these results, JMP Securities reiterated its Market Outperform rating with a $32.00 price target, and Cantor Fitzgerald maintained its Overweight rating with a $25.00 price target.

Additionally, SI-BONE increased the higher end of its full-year revenue forecast, reflecting confidence in its growth trajectory. The company’s active U.S. surgeon count rose to over 1,400, marking a 27% increase from the previous year. Analyst firms highlighted the company’s ability to exceed expectations and effectively manage profitability metrics, contributing to a positive outlook. SI-BONE’s gross profit reached $37.7 million, with a gross margin of 79.7%, up 80 basis points year-over-year. The company is also preparing for the launch of a new SI joint fusion solution in 2026, aiming to further bolster its market position.

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