New Big Money Means Inogen Inc (INGN) Investors Could Reap Benefit

Inogen Inc (NASDAQ: INGN) is -28.03% lower on its value in year-to-date trading and has touched a low of $5.70 and a high of $13.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INGN stock was last observed hovering at around $6.48 in the last trading session, with the day’s gains setting it 0.12%.

Currently trading at $6.60, the stock is 1.94% and -0.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 1.85% at the moment leaves the stock -25.06% off its SMA200. INGN registered -9.53% loss for a year compared to 6-month loss of -26.34%.

The stock witnessed a 7.67% gain in the last 1 month and extending the period to 3 months gives it a -11.76%, and is 2.33% 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 3.82% over the week and 3.80% over the month.

Inogen Inc (INGN) has around 766 employees, a market worth around $177.46M and $339.96M in sales. Profit margin for the company is -8.08%. Distance from 52-week low is 15.79% and -50.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.83%).

The EPS is expected to grow by 31.41% this year

The shares outstanding are 26.89M, and float is at 23.19M with Short Float at 4.72%.

The top institutional shareholder in the company is DIVISADERO STREET CAPITAL MANAGEMENT, LP with over 2.35 million shares valued at $19.08 million. The investor’s holdings represent 10.0282 of the INGN Shares outstanding. As of 2024-06-30, the second largest holder is CAMBER CAPITAL MANAGEMENT LP with 2.0 million shares valued at $16.26 million to account for 8.5464 of the shares outstanding. The other top investors are BROWN CAPITAL MANAGEMENT LLC which holds 1.95 million shares representing 8.3368 and valued at over $15.86 million, while BLACKROCK INC. holds 6.9718 of the shares totaling 1.63 million with a market value of $13.26 million.

Inogen Inc (INGN) Insider Activity

The most recent transaction is an insider purchase by Bourque Michael J., the company’s EVP, CFO & Treasurer. SEC filings show that Bourque Michael J. bought 3,000 shares of the company’s common stock on Mar 03 ’25 at a price of $8.32 per share for a total of $24960.0. Following the purchase, the insider now owns 47646.0 shares.

Inogen Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Smith Kevin Raymond Merrill (CEO and President) bought a total of 11,709 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $8.56 per share for $0.1 million. Following the transaction, the insider now directly holds 70274.0 shares of the INGN stock.

Still, SEC filings show that on Aug 09 ’24, JASON SOMER (Officer) Proposed Sale 4,690 shares at an average price of $12.03 for $56423.0. The insider now directly holds shares of Inogen Inc (INGN).

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