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Tuesday, March 21, 2023

Analysts Point To Insulet Corporation (NASDAQ: PODD) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Insulet Corporation (PODD) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $307.89. The Insulet Corporation has recorded 158,268 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Insulet Set to Join S&P 500.


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Stocks Info

As a NASDAQ listed company, PODD falls under the Healthcare sector while operating within the Medical Devices industry segment. At the end of the last regular session, the stock closed at $307.89 and fluctuated between $312.52 as its day high and $302.05 as its day low. The current market capitalization of Insulet Corporation is $21.62B. A total of 1.52 million shares were traded on the day, compared to an average of 734.95K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PODD has seen 12 BUY and 20 SELL insider trades, representing the acquisition of 46,367 and the disposition of 28,688 shares. Over the last 12 months, there were 30 BUYs and 38 SELLs from insiders. Insiders purchased 173,524 shares during that period but sold 161,372.

In the most recent transaction, Alpuche Charles sold 23,401 shares of PODD for 305.15 per share on Mar 13. After the transaction, the Advisor now owns 45,584 company shares. In a previous transaction on Mar 09, Alpuche Charles sold 4,000 shares at 290.90 per share. PODD shares that Advisor owns now total 45,584.

Among the insiders who sold shares, Petrovic Shacey disposed of 15,000 shares on Mar 01 at a per-share price of $276.63. This resulted in the Advisor holding 58,205 shares of PODD after the transaction. In another insider transaction, Alpuche Charles sold 4,000 shares at $278.82 per share on Feb 28. Company shares held by the Advisor now total 45,584.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PODD in the last 3 months, the mean price target is $338.40 with high estimates of $375.00 and low estimates of $292.00. In terms of 52-week highs and lows, PODD has a high of $320.00 and a low of $181.00.

As of this writing, PODD has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.42 per share and a lower estimate of $0.04. The company reported an EPS of -$0.5 in the last quarter, which was -327.30% lower than expectations of $0.22.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 19 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PODD is Underweight with a score of 4.27. A total of 10 analysts rated the stock as Buy while 2 rated it as Overweight while 5 rated it as Hold. Among the other participants, 2 thought the stock was Underweight and 0 thought it should be Sold.

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