
Treace Medical Concepts Inc
TMCI · NASDAQ · Healthcare / Medical Devices
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About
Treace Medical Concepts, Inc., a medical technology company, designs, manufactures, and markets medical devices in the United States. The company offers Lapiplasty System, enables surgeons to correct all three dimensions of the bunion deformity, stabilize the first TMT joint, and allow return to weight-bearing in a walking boot; minimally invasive products for four bunion classes; Nanoplasty 3D Minimally Invasive Bunion Correction System delivers a reproducible 3D correction of the bunion deformity through a cosmetically appealing; and Percuplasty Percutaneous 3D Bunion Correction System that provides 3D correction of the bunion deformity through percutaneous incisions. It also provides Adductoplasty System, a system designed for the correction of metatarsus adductus deformities and osteoarthritis of the midfoot; SpeedMTP Rapid Compression Implant; SpeedPlate Implant Fixation Platform to address the fusion of larger bones of the midfoot and rearfoot; SpeedPlate Micro-Quad implant, an implant designed for stability and fit in small incision surgical approaches; and SpeedAkin Anatomic Compression Implant. In addition, the company offers The IntelliGuide patient specific instrumentation provides patient-specific, 3D-printed cut guides, and a pre-operative plan for a complete picture of the deformity and correction. Further, it provides FastGrafter Autografter Harvesting System; SpeedRelease Guided Release Instrument; TriTome Triple-Edge Release Instrument; RazorTome 7mm Precision Osteotome; LapiTome Hooked Bone Removal Osteotome; GreatRelease Rapid MTP Release Instrument; CornerChisel Release Tool; NanoRasp MIS Bone Contouring Tool; FeatherRasp Rapid Bone Contouring Instrument; and Akinator Single-cut Akin Wedge Osteotomy tool. Additionally, the company offers biologics and wedges, such as Treace Allograft Wedges; and CortiFuse Flowable Cortical Fibers. Treace Medical Concepts, Inc. was founded in 2013 and is headquartered in Ponte Vedra, Florida.
Company Details
- SectorHealthcare
- IndustryMedical Devices
- CEOMr. John T. Treace
- Employees450
- Headquarters100 Palmetto Park Place, Ponte Vedra, FL, United States, 32081, USA
- Websitehttps://www.treace.com
Leadership
- Mr. John T. TreaceFounder, Chairman & CEO · b. 1972
- Mr. Mark L. Hair CPAChief Financial Officer · b. 1970
- Mr. Scot M. Elder J.D.Chief Legal & Compliance Officer and Corporate Secretary · b. 1975
- Dr. Sean F. Scanlan Ph.D.Chief Innovation & Marketing Officer · b. 1982
- Mr. Terry W. LubbenChief Operations & Supply Chain Officer · b. 1965
- Mr. Zac PotterSenior VP & Chief Accounting Officer
- Mr. Taylor EricksonChief Information & Cybersecurity Officer
- Mr. Brad BarrSenior Vice President of Sales
- Mr. Daniel E. OwensChief Human Resources Officer · b. 1972
- Ms. Shana ZinkSenior Vice President of Clinical Affairs & Reimbursement
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy2
- Hold5
Ownership Breakdown
- Institutions
- 49.67%
- Insiders
- 25.27%
- Retail / Other
- 25.06%
Top Institutional Holders
- Armistice Capital, LLC6.36M9.79%
- BlackRock Inc3.34M5.14%
- Bank of America Corp3.21M4.94%
- Gagnon Securities LLC3.03M4.66%
- Gagnon Advisors, LLC1.53M2.36%
- Vanguard Capital Management, LLC1.46M2.25%
- State Street Corp1.24M1.90%
- CIBC Bancorp USA Inc.1.22M1.87%
- AQR Capital Management LLC1.06M1.63%
- Geode Capital Management, LLC1.01M1.55%
- Acadian Asset Management LLC941.29K1.45%
- Millennium Management LLC738.63K1.14%
- Weber Capital Management LLC589.62K0.91%
- D. E. Shaw & Co LP583.28K0.90%
- UBS Group AG542.90K0.83%
- Renaissance Technologies Corp522.90K0.80%
- Citadel Advisors Llc516.99K0.80%
- Vanguard Portfolio Management, LLC435.89K0.67%
- Northern Trust Corp405.90K0.62%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest1.45M2.23%