Inspire Medical Systems Inc’s recently made public that its Chief Technology Officer Rondoni John unloaded Company’s shares for reported $12470.0 on Jan 07 ’25. In the deal valued at $215.00 per share,58 shares were sold. As a result of this transaction, Rondoni John now holds 11,322 shares worth roughly $1.99 million.
Then, JOHN RONDONI bought 58 shares, generating $12,470 in total proceeds.
Before that, Rondoni John sold 8,703 shares. Inspire Medical Systems Inc shares valued at $1,683,731 were divested by the Chief Technology Officer at a price of $193.47 per share. As a result of the transaction, Rondoni John now holds 11,348 shares, worth roughly $1.99 million.
BofA Securities upgraded its Inspire Medical Systems Inc [INSP] rating to a Buy from a a Neutral in a research note published on November 20, 2024; the price target was increased to $255 from $220. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Neutral”. RBC Capital Mkts began covering INSP with “an Outperform” recommendation on April 19, 2024. Morgan Stanley started covering the stock on March 19, 2024. It rated INSP as “an Overweight”.
Price Performance Review of INSP
On Monday, Inspire Medical Systems Inc [NYSE:INSP] saw its stock fall -13.36% to $175.43. Over the last five days, the stock has lost -11.70%. Inspire Medical Systems Inc shares have fallen nearly -5.37% since the year began. Nevertheless, the stocks have fallen -8.18% over the past one year. While a 52-week high of $257.40 was reached on 01/07/25, a 52-week low of $123.00 was recorded on 01/13/25. SMA at 50 days reached $191.24, while 200 days put it at $186.46.
Levels Of Support And Resistance For INSP Stock
The 24-hour chart illustrates a support level at 168.79, which if violated will result in even more drops to 162.14. On the upside, there is a resistance level at 187.79. A further resistance level may holdings at 200.14. The Relative Strength Index (RSI) on the 14-day chart is 38.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bearish at 97.76%. Stochastics %K at 53.24% indicates the stock is a holding.
How much short interest is there in Inspire Medical Systems Inc?
A steep rise in short interest was recorded in Inspire Medical Systems Inc stocks on 2024-12-31, growing by 0.37 million shares to a total of 2.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.0 million shares. There was a rise of 15.76%, which implies that there is a positive sentiment for the stock.
