Inspire Medical Systems (NASDAQ:INSP) CFO Sells $200,200.00 in Stock

Inspire Medical Systems (NASDAQ:INSP) CFO Richard Buchholz sold 4,000 shares of Inspire Medical Systems stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $50.05, for a total value of $200,200.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Richard Buchholz also recently made the following trade(s):

  • On Tuesday, April 16th, Richard Buchholz sold 4,000 shares of Inspire Medical Systems stock. The stock was sold at an average price of $56.05, for a total value of $224,200.00.
  • On Wednesday, March 20th, Richard Buchholz sold 2,000 shares of Inspire Medical Systems stock. The stock was sold at an average price of $56.25, for a total value of $112,500.00.
  • On Wednesday, February 20th, Richard Buchholz sold 2,000 shares of Inspire Medical Systems stock. The stock was sold at an average price of $56.87, for a total value of $113,740.00.

INSP stock opened at $56.00 on Thursday. Inspire Medical Systems has a fifty-two week low of $32.17 and a fifty-two week high of $64.34.

Inspire Medical Systems (NASDAQ:INSP) last issued its earnings results on Tuesday, May 7th. The company reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.39) by $0.04. The business had revenue of $16.30 million for the quarter, compared to the consensus estimate of $17.79 million. The company’s revenue for the quarter was up 63.0% on a year-over-year basis.

Several institutional investors and hedge funds have recently added to or reduced their stakes in INSP. FinTrust Capital Advisors LLC acquired a new position in Inspire Medical Systems in the 1st quarter worth $34,000. Capital Financial Planning LLC acquired a new position in shares of Inspire Medical Systems during the 4th quarter worth about $27,000. Rockefeller Capital Management L.P. acquired a new position in shares of Inspire Medical Systems during the 1st quarter worth about $37,000. Marshall Wace North America L.P. acquired a new position in shares of Inspire Medical Systems during the 1st quarter worth about $45,000. Finally, Advisory Services Network LLC boosted its stake in shares of Inspire Medical Systems by 273.3% during the 1st quarter. Advisory Services Network LLC now owns 1,120 shares of the company’s stock worth $64,000 after buying an additional 820 shares during the last quarter.

Separately, Zacks Investment Research cut shares of Inspire Medical Systems from a “buy” rating to a “hold” rating in a research report on Saturday, May 11th.

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Inspire Medical Systems Company Profile

Inspire Medical Systems, Inc, a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea.

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