Hinge Health president James Pursley sells $3.1 million in stock
Hinge Health's President, James Pursley, recently sold 33,000 shares of Class A Common Stock, amounting to about $3.1 million. The transactions were carried out under a pre-approved trading plan and occurred when the stock was trading near its highest point in six months, up 126% in the last half-year. Pursley executed three separate sales of shares over time; 9,065 shares at an average price of $93.37, 23,135 shares at $94.40, and 800 shares at $95.10.
Following the sales, he now owns 666,909 shares of the company. Hinge Health announced strong earnings and a major acquisition in recent news. The company's earnings for Q2 2026 surpassed expectations, and it saw a significant increase in revenue and operating income. The company also plans to expand into gastrointestinal health with a $105 million acquisition, which is expected to boost its growth. Analysts have responded positively to these developments, raising price targets for the company.
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