Teleflex, a medical device company, sees increased investor stakes and beats earnings expectations.

Teleflex Incorporated, a medical device company, saw several investors increase their stakes, with Verition Fund Management LLC boosting holdings by 57.8%. Teleflex reported a 2.4% rise in quarterly revenue and earnings above expectations at $3.49 per share. The company also declared a quarterly dividend of $0.34 per share. Institutional investors collectively own 95.62% of Teleflex's stock.

December 10, 2024
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