Inspire Medical SystemsINSP
Market Cap: $5.87B
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 Q2 SEC filings by fund managers ($100M+ AUM)
23% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 97
0.54% less ownership
Funds ownership: 106.94% [Q1] → 106.4% (-0.54%) [Q2]
1% less funds holding
Funds holding: 322 [Q1] → 320 (-2) [Q2]
2% less call options, than puts
Call options by funds: $68.8M | Put options by funds: $70.1M
3% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 73
38% less capital invested
Capital invested by funds: $6.8B [Q1] → $4.23B (-$2.57B) [Q2]
89% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 1 (-8) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Keybanc Brett Fishbin 87% 1-year accuracy 13 / 15 met price target | 20%upside $236 | Overweight Maintained | 7 Aug 2024 |
RBC Capital Shagun Singh 69% 1-year accuracy 43 / 62 met price target | 32%upside $260 | Outperform Reiterated | 7 Aug 2024 |
Baird Mike Polark 57% 1-year accuracy 4 / 7 met price target | 2%upside $200 | Outperform Maintained | 7 Aug 2024 |
Truist Securities Richard Newitter 67% 1-year accuracy 29 / 43 met price target | 10%upside $217 | Buy Maintained | 16 Jul 2024 |
Morgan Stanley Kallum Titchmarsh 50% 1-year accuracy 1 / 2 met price target | 7%upside $210 | Overweight Maintained | 15 Jul 2024 |
Financial journalist opinion
Based on 6 articles about INSP published over the past 30 days