MAKO SURGICAL CORP. is a medical device company that markets its advanced robotic-arm solution and implants for minimally invasive orthopedic knee procedures. MAKO's Tactile Guidance System includes an interactive tactile robotics-arm platform that utilizes tactile-guided robotics and patient-specific visualization to prepare the knee joint for the insertion and alignment of resurfacing implants through a keyhole incision. This FDA-cleared surgeon-interactive tactile robotic-arm system allows surgeons to provide an innovative tissue-sparing bone resurfacing therapy called MAKOplasty to a large yet underserved patient-specific population suffering from early to mid-stage osteoarthritic knee disease. MAKO has an intellectual property portfolio of more than two hundred licensed or owned patent applications relating to the areas of computer assisted surgery haptics robotics and implants. Mako Surgical Corp. has a market cap of $264.1 million; its shares were traded at around $8.22 with and P/S ratio of 89.7.
Recent Trades of MAKO Surgical Corp. by Directors and Officers:
- Buy: Director John Savarese bought 632,000 shares of MAKO stock on 08/19/2009 at the average price of $7.25; the price of the stock has increased by 13.38% since.
- Buy: 10% Owner Venture Partners V Lp Skyline bought 758,000 shares of MAKO stock on 08/14/2009 at the average price of $7.25; the price of the stock has increased by 13.38% since.
- Sell: SVP, Chief Technology Officer Rony A Abovitz sold 1,745 shares of MAKO stock on 04/07/2009 at the average price of $7.65; the price of the stock has increased by 7.45% since.
- Sell: SVP, Chief Technology Officer Rony A Abovitz sold 8,255 more shares of MAKO stock on 04/03/2009 at the average price of $7.59; the price of the stock has increased by 8.3% since.
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