Inspire Medical Systems Inc (NYSE: INSP) is 18.54% higher on its value in year-to-date trading and has touched a low of $123.27 and a high of $330.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INSP stock was last observed hovering at around $243.51 in the last trading session, with the day’s loss setting it -2.36%.
Currently trading at $241.15, the stock is 10.75% and 19.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -0.97% at the moment leaves the stock 17.71% off its SMA200. INSP registered -8.13% loss for a year compared to 6-month gain of 55.23%.
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The stock witnessed a 17.95% loss in the last 1 month and extending the period to 3 months gives it a 24.75%, and is 3.82% 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 5.38% over the week and 5.31% over the month.
Inspire Medical Systems Inc (INSP) has around 1011 employees, a market worth around $7.31B and $624.80M in sales. Fwd P/E is 456.65. Profit margin for the company is -3.39%. Distance from 52-week low is 95.63% and -26.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.54%).
The EPS is expected to grow by 54.96% this year
The shares outstanding are 30.30M, and float is at 29.65M with Short Float at 7.01%.
Inspire Medical Systems Inc (INSP) Insider Activity
The most recent transaction is an insider sale by Buchholz Richard, the company’s Chief Financial Officer. SEC filings show that Buchholz Richard sold 15,000 shares of the company’s common stock on Apr 17 ’24 at a price of $230.03 per share for a total of $3.45 million. Following the sale, the insider now owns 28271.0 shares.
Inspire Medical Systems Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Herbert Timothy P. (CEO and President) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $205.09 per share for $8.2 million. Following the transaction, the insider now directly holds 63658.0 shares of the INSP stock.
Still, SEC filings show that on Apr 01 ’24, Griffin Jerry C (Director) disposed off 32 shares at an average price of $213.99 for $6848.0. The insider now directly holds 10,900 shares of Inspire Medical Systems Inc (INSP).
