In a filing, Insmed Inc revealed its Chief Financial Officer Bonstein Sara unloaded Company’s shares for reported $1.06 million on Feb 11 ’25. In the deal valued at $80.00 per share,13,302 shares were sold. As a result of this transaction, Bonstein Sara now holds 142,204 shares worth roughly $ 11.28 million.
Then, Bonstein Sara sold 5,019 shares, generating $401,520 in total proceeds. Upon selling the shares at $80.00, the Chief Financial Officer now owns 137,185 shares.
Before that, Adsett Roger sold 42,975 shares. Insmed Inc shares valued at $3,378,067 were divested by the Chief Operating Officer at a price of $78.61 per share. As a result of the transaction, Adsett Roger now holds 146,082 shares, worth roughly $11.59 million.
Truist initiated its Insmed Inc [INSM] rating to a Buy in a research note published on April 23, 2024; the price target was $48. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid February with a ‘”an Outperform”‘ rating. Wells Fargo began covering INSM with “an Overweight” recommendation on December 08, 2023.
Price Performance Review of INSM
On Friday, Insmed Inc [NASDAQ:INSM] saw its stock jump 0.81% to $79.31. Over the last five days, the stock has lost -0.80%. Insmed Inc shares have risen nearly 14.88% since the year began. Nevertheless, the stocks have risen 198.16% over the past one year. While a 52-week high of $82.04 was reached on 02/06/25, a 52-week low of $21.92 was recorded on 01/10/25. SMA at 50 days reached $73.79, while 200 days put it at $67.36.
Levels Of Support And Resistance For INSM Stock
The 24-hour chart illustrates a support level at 78.29, which if violated will result in even more drops to 77.27. On the upside, there is a resistance level at 79.87. A further resistance level may holdings at 80.43. The Relative Strength Index (RSI) on the 14-day chart is 58.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.07%. Stochastics %K at 62.39% indicates the stock is a holding.
How much short interest is there in Insmed Inc?
A steep rise in short interest was recorded in Insmed Inc stocks on 2025-01-31, dropping by -0.9 million shares to a total of 14.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 15.44 million shares. There was a decline of -6.2%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 26, 2023 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
