Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Insmed Inc shares valued at $1,519,279 were sold by Lewis William on Feb 18 ’25. At $81.03 per share, Lewis William sold 18,750 shares. The insider’s holdings dropped to 334,186 shares worth approximately $26.1 million following the completion of this transaction.
Also, Lewis William sold 6,830 shares, netting a total of over 553,442 in proceeds. Following the sale of shares at $81.03 each, the insider now holds 233,924 shares.
Before that, Bonstein Sara had sold 18,322 shares from its account. In a trade valued at $1,471,394, the Chief Financial Officer traded Insmed Inc shares for $80.31 each. Upon closing the transaction, the insider’s holdings decreased to 18,322 shares, worth approximately $9.28 million.
As published in their initiating research note from RBC Capital Mkts on February 25, 2025, Insmed Inc [INSM] has been an Outperform and the price target has been revised to $100. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in late April. As of February 15, 2024, Wolfe Research has initiated its “an Outperform” rating for INSM. Earlier on December 08, 2023, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for INSM stock.
Analyzing INSM Stock Performance
During the last five days, there has been a drop of approximately -6.84%. Over the course of the year, Insmed Inc shares have jumped approximately 13.12%. Shares of the company reached a 52-week high of $84.91 on 02/21/25 and a 52-week low of $61.50 on 01/10/25. A 50-day SMA is recorded $74.74, while a 200-day SMA reached $69.29. Nevertheless, trading volume fell to 1.1 million shares from 2.63 million shares the previous day.
Support And Resistance Levels for Insmed Inc (INSM)
According to the 24-hour chart, there is a support level at 76.81, which, if violated, would cause prices to drop to 75.51. In the upper region, resistance lies at 79.64. The next price resistance is at 81.17. RSI (Relative Strength Index) is 49.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.59, which suggests the price will decrease in the coming days. Percent R is at 78.19%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
