Orthofix Medical Inc (OFIX) receives a Buy rating from Canaccord Genuity

In a filing, Orthofix Medical Inc revealed its 10% Owner Engine Capital Management, LP acquired Company’s shares for reported $13881.0 on Jul 02 ’25. In the deal valued at $11.11 per share,1,250 shares were bought. As a result of this transaction, Engine Capital Management, LP now holds 3,546,057 shares worth roughly $40.11 million.

Then, McPherron Aviva sold 3,728 shares, generating $39,181 in total proceeds. Upon selling the shares at $10.51, the Pres, Global Ops & Qual now owns 46,322 shares.

Before that, REINHARDT MAX sold 1,643 shares. Orthofix Medical Inc shares valued at $19,125 were divested by the President, Global Spine at a price of $11.64 per share. As a result of the transaction, REINHARDT MAX now holds 27,481 shares, worth roughly $0.31 million.

Canaccord Genuity initiated its Orthofix Medical Inc [OFIX] rating to a Buy in a research note published on January 22, 2025; the price target was $24. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. ROTH MKM also remained covering OFIX and has increased its forecast on May 08, 2024 with a “Buy” recommendation from previously “Neutral” rating. ROTH MKM started covering the stock on October 20, 2023. It rated OFIX as “a Neutral”.

Price Performance Review of OFIX

On Tuesday, Orthofix Medical Inc [NASDAQ:OFIX] saw its stock jump 5.50% to $11.31. Over the last five days, the stock has gained 1.43%. Orthofix Medical Inc shares have fallen nearly -16.35% since the year began. Nevertheless, the stocks have fallen -35.22% over the past one year. While a 52-week high of $20.73 was reached on 02/25/25, a 52-week low of $10.24 was recorded on 06/23/25.

Levels Of Support And Resistance For OFIX Stock

The 24-hour chart illustrates a support level at 10.95, which if violated will result in even more drops to 10.60. On the upside, there is a resistance level at 11.50. A further resistance level may holdings at 11.69.

How much short interest is there in Orthofix Medical Inc?

A steep rise in short interest was recorded in Orthofix Medical Inc stocks on 2025-06-13, growing by 0.83 million shares to a total of 1.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.0 million shares. There was a rise of 45.54%, which implies that there is a positive sentiment for the stock.

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