In a filing, Insmed Inc revealed its Chair and CEO Lewis William unloaded Company’s shares for reported $1.46 million on Mar 03 ’25. In the deal valued at $77.79 per share,18,750 shares were sold. As a result of this transaction, Lewis William now holds 334,186 shares worth roughly $25.03 million.
Then, Lewis William sold 6,830 shares, generating $531,278 in total proceeds. Upon selling the shares at $77.79, the Chair and CEO now owns 233,924 shares.
Before that, Lewis William bought 25,580 shares. Insmed Inc shares valued at $1,988,965 were divested by the Officer at a price of $77.75 per share.
RBC Capital Mkts initiated its Insmed Inc [INSM] rating to an Outperform in a research note published on February 25, 2025; the price target was $100. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Wolfe Research began covering INSM with “an Outperform” recommendation on February 15, 2024. Wells Fargo started covering the stock on December 08, 2023. It rated INSM as “an Overweight”.
Price Performance Review of INSM
On Friday, Insmed Inc [NASDAQ:INSM] saw its stock fall -0.17% to $74.89. Over the last five days, the stock has lost -8.17%. Insmed Inc shares have risen nearly 8.47% since the year began. Nevertheless, the stocks have risen 169.19% over the past one year. While a 52-week high of $84.91 was reached on 02/21/25, a 52-week low of $21.92 was recorded on 01/10/25. SMA at 50 days reached $75.55, while 200 days put it at $71.11.
Levels Of Support And Resistance For INSM Stock
The 24-hour chart illustrates a support level at 73.25, which if violated will result in even more drops to 71.61. On the upside, there is a resistance level at 76.35. A further resistance level may holdings at 77.81. The Relative Strength Index (RSI) on the 14-day chart is 42.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.63%. Stochastics %K at 15.64% indicates the stock is a buying.
