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] → $6.95B (+$2.68B) [Q3]
26% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 62
5% more funds holding
Funds holding: 322 [Q2] → 338 (+16) [Q3]
3.28% more ownership
Funds ownership: 107.27% [Q2] → 110.55% (+3.28%) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 109
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
RBC Capital Shagun Singh 55% 1-year accuracy 43 / 78 met price target | 51%upside $260 | Outperform Reiterated | 5 Nov 2024 |
Piper Sandler Adam Maeder 63% 1-year accuracy 10 / 16 met price target | 51%upside $260 | Overweight Reiterated | 5 Nov 2024 |
Stifel Jonathan Block 30% 1-year accuracy 6 / 20 met price target | 16%upside $200 | Hold Reiterated | 5 Nov 2024 |
Wells Fargo Larry Biegelsen 60% 1-year accuracy 25 / 42 met price target | 15%upside $198 | Equal-Weight Maintained | 5 Nov 2024 |
Baird Mike Polark 73% 1-year accuracy 8 / 11 met price target | 46%upside $252 | Outperform Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 12 articles about INSP published over the past 30 days