Check out this: Insmed Incorporated (INSM) is on the verge of a huge rally

Insmed Incorporated (NASDAQ: INSM) is 9.67% higher on its value in year-to-date trading and has touched a low of $12.09 and a high of $42.71 in the current 52-week trading range. The INSM stock was last observed hovering at around $33.20 in the last trading session, with the day’s gains setting it 3.31% off its average median price target of $52.00 for the next 12 months. It is also 39.15% off the consensus price target high of $60.00 offered by 9 analysts, but current levels are 3.92% higher than the price target low of $38.00 for the same period.


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Currently trading at $36.51, the stock is 2.51% and -0.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 9.97% at the moment leaves the stock 23.28% off its SMA200. INSM registered 46.74% gain for a year compared to 6-month gain of 37.57%. The firm has a 50-day simple moving average (SMA 50) of $37.14 and a 200-day simple moving average (SMA200) of $32.55.

The stock witnessed a -8.22% loss in the last 1 month and extending the period to 3 months gives it a -0.35%, and is 9.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.42% over the week and 5.68% over the month.

Insmed Incorporated (INSM) has around 435 employees, a market worth around $3.76B and $168.70M in sales. Distance from 52-week low is 201.99% and -14.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.20%).

Insmed Incorporated (INSM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Insmed Incorporated (INSM) is a “Buy”. 9 analysts offering their recommendations for the stock have an average rating of 1.80, where 0 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Insmed Incorporated is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at -$0.71 with sales reaching $41.44M over the same period.The EPS is expected to grow by 28.70% this year, but quarterly earnings will post 23.00% year-over-year. Quarterly sales are estimated to shrink -9.30% in year-over-year returns.

Insmed Incorporated (INSM) Top Institutional Holders

282 institutions hold shares in Insmed Incorporated (INSM), with 1.05M shares held by insiders accounting for 1.03% while institutional investors hold 108.91% of the company’s shares. The shares outstanding are 101.62M, and float is at 100.82M with Short Float at 9.51%. Institutions hold 107.79% of the Float.

The top institutional shareholder in the company is FMR, LLC with over 15.22 million shares valued at $489.24 million. The investor’s holdings represent 14.94% of the INSM Shares outstanding. As of Sep 29, 2020, the second largest holder is Price (T.Rowe) Associates Inc with 9.5 million shares valued at $305.31 million to account for 9.33% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 9.16 million shares representing 9.00% and valued at over $294.56 million, while Blackrock Inc. holds 8.00% of the shares totaling 8.14 million with a market value of $261.77 million.

Insmed Incorporated (INSM) Insider Activity

A total of 75 insider transactions have happened at Insmed Incorporated (INSM) in the last six months, with sales accounting for 44 and purchases happening 31 times. The most recent transaction is an insider sale by Lewis William, the company’s Chair&Chief Executive Officer. SEC filings show that Lewis William sold 50,000 shares of the company’s common stock on Dec 22 at a price of $36.57 per share for a total of $1.83 million. Following the sale, the insider now owns 0.16 million shares.

Insmed Incorporated disclosed in a document filed with the SEC on Dec 07 that ALTOMARI ALFRED (Director) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Dec 07 and was made at $39.57 per share for $0.79 million. Following the transaction, the insider now directly holds 20938.0 shares of the INSM stock.

Still, SEC filings show that on Nov 19, SHAROKY MELVIN MD (Director) disposed off 4,000 shares at an average price of $39.48 for $0.16 million. The insider now directly holds 7,714 shares of Insmed Incorporated (INSM).

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Insmed Incorporated (INSM): Who are the competitors?

The company’s main competitors (and peers) include Aerie Pharmaceuticals Inc. (AERI) that is trading -42.14% down over the past 12 months. Novartis AG (NVS) is 0.15% up on the 1-year trading charts. Short interest in the company’s stock has fallen -20.04% from the last report on Nov 12, 2020 to stand at a total of 11.5 million short shares sold with a short interest ratio of 11.82.

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