5 Stocks Insiders and Billionaires Are Crazy About

4. Integra LifeSciences Holdings Corporation (NASDAQ:IART)

Number of Billionaire Investors: 10

Dollar Value of Billionaire Holdings: $98,052,942

Number of Hedge Fund Holders: 22

Integra LifeSciences Holdings Corporation (NASDAQ:IART) operates as a healthcare equipment company in the United States and internationally. On June 1, the company disclosed that its president and CEO Jan De Witte purchased 7,792 company shares for a total transaction of roughly $300,000. The same day, the company’s executive vice president and chief legal officer Eric Ian Schwartz acquired 2,640 shares of the company at $37.89 per share.

At the close of Q1 2023, 22 hedge funds were long Integra LifeSciences Holdings Corporation (NASDAQ:IART) and disclosed stakes worth $181.5 million in the company. Of those, AQR Capital Management was the top stockholder in the company and held a position worth $23.7 million.

10 billionaires held stakes in Integra LifeSciences Holdings Corporation (NASDAQ:IART) at the close of Q1 2023. The total value of these stakes amounted to $98 million. Integra LifeSciences Holdings Corporation (NASDAQ:IART) is placed fourth among the top stocks that insiders and billionaires are crazy about.

ClearBridge Investments made the following comment about Integra LifeSciences Holdings Corporation (NASDAQ:IART) in its Q4 2022 investor letter:

“Integra LifeSciences Holdings Corporation (NASDAQ:IART), a supplier of surgical instruments and implants, was boosted by a broad rebound in health care equipment providers after a difficult year as well as an increase in medical procedures as the economy and health care sector normalize from the restrictions of the COVID-19 pandemic.”