Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Inspire Medical Systems Inc shares valued at $733,496 were sold by Ban Randy on Mar 03 ’25. At $185.84 per share, Ban Randy sold 3,947 shares. The insider’s holdings dropped to 7,259 shares worth approximately $1.15 million following the completion of this transaction.
Also, Rondoni John sold 2,287 shares, netting a total of over 424,467 in proceeds. Following the sale of shares at $185.60 each, the insider now holds 15,500 shares.
Before that, JOHN RONDONI had added 2,287 shares to its account. In a trade valued at $424,467, the Officer bought Inspire Medical Systems Inc shares for $185.60 each.
As published in a research note from BofA Securities on November 20, 2024, Inspire Medical Systems Inc [INSP] has been rated up from a Neutral to a Buy and the price target has been revised to $255 from $220. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early May. As of April 19, 2024, RBC Capital Mkts has initiated its “an Outperform” rating for INSP. Earlier on March 19, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for INSP stock.
Analyzing INSP Stock Performance
During the last five days, there has been a drop of approximately -9.29%. Over the course of the year, Inspire Medical Systems Inc shares have dropped approximately -14.32%. Shares of the company reached a 52-week high of $216.01 on 01/07/25 and a 52-week low of $156.88 on 03/13/25. A 50-day SMA is recorded $185.33, while a 200-day SMA reached $180.78.
Support And Resistance Levels for Inspire Medical Systems Inc (INSP)
According to the 24-hour chart, there is a support level at 155.98, which, if violated, would cause prices to drop to 153.12. In the upper region, resistance lies at 162.60. The next price resistance is at 166.36. RSI (Relative Strength Index) is 33.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -14.50, which suggests the price will decrease in the coming days. Percent R is at 95.20%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
