After Hours
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. After-hours trades for Inspire Medical Systems Inc (INSP) shows that investor sentiment remained same, with the stock’s consolidated last price to $160.31. The Inspire Medical Systems Inc has recorded 18,657 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Inspire Medical Systems, Inc. to Present at the Stifel 2023 Healthcare Conference.
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Stocks Info
The company is listed on the NYSE and operates within the Medical Devices industry segment. At the end of the last regular session, the stock closed at $160.31 and fluctuated between $162.57 as its day high and $157.82 as its day low. The current market capitalization of Inspire Medical Systems Inc is $4.70B. A total of 0.61 million shares were traded on the day, compared to an average of 651.84K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, INSP has seen 8 BUY and 3 SELL insider trades, representing the acquisition of 13,453 and the disposition of 99,208 shares. Over the last 12 months, there were 72 BUYs and 82 SELLs from insiders. Insiders purchased 150,027 shares during that period but sold 296,919.
In the most recent transaction, Griffin Jerry C sold 529 shares of INSP for 290.47 per share on Jul 31. After the transaction, the Director now owns 8,852 company shares. In a previous transaction on Jul 24, Griffin Jerry C sold 529 shares at 304.99 per share. INSP shares that Director owns now total 8,381.
Among the insiders who sold shares, Griffin Jerry C disposed of 529 shares on Jul 17 at a per-share price of $326.84. This resulted in the Director holding 7,910 shares of INSP after the transaction. In another insider transaction, Griffin Jerry C sold 529 shares at $310.42 per share on Jul 10. Company shares held by the Director now total 7,439.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for INSP in the last 3 months, the mean price target is $274.75 with high estimates of $360.00 and low estimates of $159.00. In terms of 52-week highs and lows, INSP has a high of $330.00 and a low of $143.81.
As of this writing, INSP has an earnings estimate of -$0.58 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of -$0.37 per share and a lower estimate of -$0.8. The company reported an EPS of -$0.53 in the last quarter, which was 19.70% higher than expectations of -$0.66.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. INSP’s latest balance sheet shows that the firm has $214.47M in Cash & Short Term Investments as of fiscal 2021. There were $33.78M in debt and $41.31M in liabilities at the time. Its Book Value Per Share was $18.05, while its Total Shareholder’s Equity was $229.05M.
Analysts Opinion
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. Currently, 0 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 INSP is Buy with a score of 4.64.
