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.