A Hedge Fund Dumped Establishment Labs Shares Worth $6.6 Million. Here's a Closer Look at the Transaction.

Hedge fund JW Asset Management sold 90,533 shares of Establishment Labs (ESTA) between May 26-28, 2026, generating approximately $6.64 million at a weighted average price of $73.31 per share. The sale reduced the fund's ownership below the 10% threshold, though it retained nearly 3 million shares, suggesting continued bullish sentiment. The timing coincided with strong company performance, including 45% year-over-year revenue growth and inclusion in the Russell 2000 Index.