Ronda Stryker is at it again

November 16, 2010 by MassDevice staff

Ronda Stryker, the grand-daughter of Stryker Corp. founder Homer Stryker, ditches $17.6 million worth of her stake in the company.

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Ronda Stryker, the granddaughter of Stryker Corp. (NYSE:SYK) founder Homer Stryker, sold off another piece of her stake in the Kalamazoo, Mich.-based medical device maker.

In a series of trades between Nov. 3 and Nov. 15, Stryker sold 340,000 shares for an average of $52.01 per share, bringing in $17.6 million. The sales pared her stake by about 1 percent.

Stryker shares traded for an average of $51.89 during that period.

Ronda Stryker has a penchant for periodically selling off shares in family firm. Early this year, she brought in $18 million from similar sales, her first since wrapping up a slew of sales between April and August 2009. Overall, the 54-year-old sold about 2 million shares of Stryker stock during 2009.