Insmed Inc (NASDAQ: INSM) is 145.85% higher on its value in year-to-date trading and has touched a low of $21.21 and a high of $78.87 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 INSM stock was last observed hovering at around $77.59 in the last trading session, with the day’s loss setting it -1.4%.
Currently trading at $76.19, the stock is 2.91% and 7.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing -1.80% at the moment leaves the stock 95.20% off its SMA200. INSM registered 250.62% gain for a year compared to 6-month gain of 160.84%.
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The stock witnessed a -0.12% loss in the last 1 month and extending the period to 3 months gives it a 198.32%, and is -0.25% down 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 4.86% over the week and 4.28% over the month.
Insmed Inc (INSM) has around 912 employees, a market worth around $13.09B and $328.61M in sales. Profit margin for the company is -244.27%. Distance from 52-week low is 259.22% and -3.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-67.95%).
The EPS is expected to grow by 3.16% this year.
Insmed Inc (INSM) Top Institutional Holders
495.0 institutions hold shares in Insmed Inc (INSM), with institutional investors hold 108.54% of the company’s shares. The shares outstanding are 171.85M, and float is at 167.37M with Short Float at 8.18%. Institutions hold 107.51% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.51 million shares valued at $393.64 million. The investor’s holdings represent 9.7734 of the INSM Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 11.8 million shares valued at $320.13 million to account for 7.9483 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 10.77 million shares representing 7.2542 and valued at over $292.17 million, while FMR LLC holds 6.2772 of the shares totaling 9.32 million with a market value of $252.82 million.
Insmed Inc (INSM) Insider Activity
The most recent transaction is an insider sale by Smith Michael Alexander, the company’s Chief Legal Officer. SEC filings show that Smith Michael Alexander sold 88,070 shares of the company’s common stock on Aug 12 ’24 at a price of $72.96 per share for a total of $6.43 million. Following the sale, the insider now owns 88727.0 shares.
Insmed Inc disclosed in a document filed with the SEC on Aug 12 ’24 that Schaeffer Orlov S Nicole (Chief People Strategy Officer) sold a total of 9,469 shares of the company’s common stock. The trade occurred on Aug 12 ’24 and was made at $72.49 per share for $0.69 million. Following the transaction, the insider now directly holds 0.1 million shares of the INSM stock.
Still, SEC filings show that on Aug 12 ’24, Schaeffer Orlov S Nicole (Officer) Proposed Sale 9,469 shares at an average price of $72.46 for $0.69 million. The insider now directly holds shares of Insmed Inc (INSM).
