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 $479,177 were sold by Lewis William on Apr 15 ’25. At $70.16 per share, Lewis William sold 6,830 shares. The insider’s holdings dropped to 233,924 shares worth approximately $16.13 million following the completion of this transaction.
Also, Lewis William purchased 6,830 shares, netting a total of over 478,933 in proceeds.
Before that, Lewis William had sold 6,830 shares from its account. In a trade valued at $502,577, the Chair and CEO traded Insmed Inc shares for $73.58 each. Upon closing the transaction, the insider’s holdings decreased to 6,830 shares, worth approximately $16.13 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 -1.77%. Over the course of the year, Insmed Inc shares have dropped approximately -0.12%. Shares of the company reached a 52-week high of $84.91 on 02/21/25 and a 52-week low of $60.40 on 04/09/25. A 50-day SMA is recorded $75.27, while a 200-day SMA reached $73.88.
Support And Resistance Levels for Insmed Inc (INSM)
According to the 24-hour chart, there is a support level at 66.59, which, if violated, would cause prices to drop to 64.23. In the upper region, resistance lies at 71.16. The next price resistance is at 73.37. RSI (Relative Strength Index) is 43.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.15, which suggests the price will increase in the coming days. Percent R is at 30.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
