Inspire Medical SystemsINSP
About: Inspire Medical Systems Inc operates as a medical technology company. It 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. The firm has operating footprints in the United States and Europe wherein, it generates a majority of its revenue from the United States.
Employees: 1,011
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
400% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 5 (+4) [Q3]
63% more capital invested
Capital invested by funds: $4.27B [Q2] → $6.96B (+$2.7B) [Q3]
32% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 60
6% more funds holding
Funds holding: 322 [Q2] → 341 (+19) [Q3]
3.47% more ownership
Funds ownership: 107.27% [Q2] → 110.74% (+3.47%) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 110
8% less call options, than puts
Call options by funds: $121M | Put options by funds: $131M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Bob Hopkins 50% 1-year accuracy 1 / 2 met price target | 35%upside $255 | Buy Upgraded | 20 Nov 2024 |
RBC Capital Shagun Singh 53% 1-year accuracy 41 / 78 met price target | 38%upside $260 | Outperform Reiterated | 5 Nov 2024 |
Piper Sandler Adam Maeder 63% 1-year accuracy 10 / 16 met price target | 38%upside $260 | Overweight Reiterated | 5 Nov 2024 |
Stifel Jonathan Block 6% 1-year accuracy 1 / 18 met price target | 6%upside $200 | Hold Reiterated | 5 Nov 2024 |
Wells Fargo Larry Biegelsen 51% 1-year accuracy 24 / 47 met price target | 5%upside $198 | Equal-Weight Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 4 articles about INSP published over the past 30 days