Engine Capital Management, L.P., together with affiliated investment vehicles and Arnaud Ajdler, reported a series of purchases in Orthofix Medical Inc. (EXCHANGE: OFIX) that totaled $1.73 million. The transactions took place on February 24 and 25, 2026, at share prices ranging from $12.5455 to $12.9634.
On February 24, 2026, Engine Capital, L.P. purchased 117,076 shares at $12.5455 per share, representing $1,468,684 in value. On the same day, Engine Lift Capital, LP bought 7,721 shares at $12.5455, amounting to $96,866.
Transactions continued on February 25, 2026. Engine Capital, L.P. acquired an additional 9,959 shares at $12.9634, for $129,090, while Engine Lift Capital, LP purchased 3,102 shares at $12.9634, equal to $40,215.
Following these purchases, reported direct ownership positions are as follows: Engine Capital, L.P. holds 3,673,092 shares; Engine Lift Capital, LP holds 373,035 shares; and Engine Jet Capital, L.P. holds 344,652 shares of Orthofix Medical Inc. The filing indicates that Engine Capital Management, L.P., Engine Jet Capital, L.P., Engine Lift Capital, LP, Engine Capital Management, LP, Engine Capital Management GP, LLC, Engine Investments, LLC, Engine Investments II, LLC and Arnaud Ajdler may be deemed to constitute a Section 13(d) group that, in the aggregate, beneficially owns more than 10% of the issuer’s outstanding common stock.
At the time of reporting, OFIX was trading at $13.17, a level that reflects a 24% decline over the past year. According to InvestingPro analysis cited in the filing, the stock appears undervalued at current prices and analysts expect the company to achieve profitability this year. The platform also lists additional ProTips and a detailed Pro Research Report for OFIX.
Separately, Orthofix released its fourth-quarter 2025 financial results, which showed an adjusted loss of $0.06 per share, an outcome that exceeded analyst expectations for a loss of $0.22 per share - a 72.73% positive surprise relative to that forecast. Revenue for the quarter was reported at $219.9 million, slightly above the consensus projection of $218.57 million. These results were noted in the same reporting package that disclosed the insider purchases.
Note on reporting: The information above is drawn from the transaction disclosures and the company’s reported quarterly results as presented in the filings referenced.