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 $502,352 were purchased by Lewis William on Apr 01 ’25. At $73.55 per share, Lewis William acquired 6,830 shares.
Also, Lewis William sold 18,750 shares, netting a total of over 1,444,241 in proceeds. Following the sale of shares at $77.03 each, the insider now holds 334,186 shares.
Before that, Lewis William had sold 6,830 shares from its account. In a trade valued at $526,179, the Chair and CEO traded Insmed Inc shares for $77.04 each. Upon closing the transaction, the insider’s holdings decreased to 6,830 shares, worth approximately $17.18 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 -4.09%. Over the course of the year, Insmed Inc shares have jumped approximately 6.37%. 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 $78.04, while a 200-day SMA reached $73.68.
Support And Resistance Levels for Insmed Inc (INSM)
According to the 24-hour chart, there is a support level at 71.34, which, if violated, would cause prices to drop to 69.25. In the upper region, resistance lies at 74.49. The next price resistance is at 75.55. RSI (Relative Strength Index) is 40.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.29, which suggests the price will decrease in the coming days. Percent R is at 71.96%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
