The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Insmed Inc shares valued at $1,458,519 were sold by Lewis William on Mar 03 ’25. At $77.79 per share, Lewis William sold 18,750 shares. The insider’s holdings dropped to 334,186 shares worth approximately $25.92 million following the completion of this transaction.
Also, Lewis William sold 6,830 shares, netting a total of over 531,278 in proceeds. Following the sale of shares at $77.79 each, the insider now holds 233,924 shares.
Before that, Lewis William had added 25,580 shares to its account. In a trade valued at $1,988,965, the Officer bought Insmed Inc shares for $77.75 each.
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 -0.70%. Over the course of the year, Insmed Inc shares have jumped approximately 12.33%. 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 $75.35, while a 200-day SMA reached $70.61.
Support And Resistance Levels for Insmed Inc (INSM)
According to the 24-hour chart, there is a support level at 76.54, which, if violated, would cause prices to drop to 75.54. In the upper region, resistance lies at 78.40. The next price resistance is at 79.26. RSI (Relative Strength Index) is 48.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.63, which suggests the price will decrease in the coming days. Percent R is at 71.87%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
