Inspire Medical Systems Inc’s filing revealed that its insider Ban Randy unloaded Company’s shares for reported $4.69 million on Feb 13 ’25. In the deal valued at $183.50 per share,25,584 shares were sold. As a result of this transaction, Ban Randy now holds 7,259 shares worth roughly $1.34 million.
Then, Rondoni John sold 583 shares, generating $99,396 in total proceeds. Upon selling the shares at $170.49, the Chief Technology Officer now owns 10,424 shares.
Before that, RANDALL BAN bought 25,584 shares. Inspire Medical Systems Inc shares valued at $4,784,464 were divested by the Officer at a price of $187.01 per share.
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 Tuesday, Inspire Medical Systems Inc [NYSE:INSP] saw its stock fall -0.86% to $184.85. Over the last five days, the stock has gained 2.65%. Inspire Medical Systems Inc shares have fallen nearly -0.29% since the year began. Nevertheless, the stocks have fallen -0.48% 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 01/14/25. SMA at 50 days reached $187.80, while 200 days put it at $179.70.
Levels Of Support And Resistance For INSP Stock
The 24-hour chart illustrates a support level at 181.43, which if violated will result in even more drops to 178.01. On the upside, there is a resistance level at 187.94. A further resistance level may holdings at 191.02. The Relative Strength Index (RSI) on the 14-day chart is 49.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.20%. Stochastics %K at 38.83% indicates the stock is a holding.
