In a filing, Insmed Inc revealed its Chair and CEO Lewis William unloaded Company’s shares for reported $0.48 million on Apr 15 ’25. In the deal valued at $70.16 per share,6,830 shares were sold. As a result of this transaction, Lewis William now holds 233,924 shares worth roughly $16.99 million.
Then, Lewis William bought 6,830 shares, generating $478,933 in total proceeds.
Before that, Lewis William sold 6,830 shares. Insmed Inc shares valued at $502,577 were divested by the Chair and CEO at a price of $73.58 per share. As a result of the transaction, Lewis William now holds 233,924 shares, worth roughly $16.99 million.
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 Thursday, Insmed Inc [NASDAQ:INSM] saw its stock jump 3.49% to $72.65. Over the last five days, the stock has gained 12.10%. Insmed Inc shares have risen nearly 5.23% since the year began. Nevertheless, the stocks have risen 177.82% 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 04/09/25. SMA at 50 days reached $76.03, while 200 days put it at $73.81.
Levels Of Support And Resistance For INSM Stock
The 24-hour chart illustrates a support level at 70.78, which if violated will result in even more drops to 68.92. On the upside, there is a resistance level at 73.59. A further resistance level may holdings at 74.54. The Relative Strength Index (RSI) on the 14-day chart is 49.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.85%. Stochastics %K at 62.56% indicates the stock is a holding.
How much short interest is there in Insmed Inc?
A steep rise in short interest was recorded in Insmed Inc stocks on 2025-03-31, dropping by -0.11 million shares to a total of 14.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 14.62 million shares. There was a decline of -0.77%, which implies that there is a negative sentiment for the stock.