Is Inspire Medical Systems Inc (NYSE:INSP) a Buy? The Stock Reported more Sellers

Investors sentiment increased to 1.35 in Q2 2019. Its up 0.35, from 1 in 2019Q1. It is positive, as 13 investors sold Inspire Medical Systems, Inc. shares while 56 reduced holdings. 33 funds opened positions while 60 raised stakes. 45.64 million shares or 0.25% less from 45.75 million shares in 2019Q1 were reported.
Lenox Wealth Mngmt Incorporated has 612 shares for 0.01% of their portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt has invested 0.01% of its portfolio in Inspire Medical Systems, Inc. (NYSE:INSP). Gamco Investors Et Al has invested 0% in Inspire Medical Systems, Inc. (NYSE:INSP). Moreover, Millennium Mgmt has 0.01% invested in Inspire Medical Systems, Inc. (NYSE:INSP). Gemmer Asset Mngmt Lc reported 122 shares or 0% of all its holdings. Cadence Cap Mgmt Limited Co has 0.31% invested in Inspire Medical Systems, Inc. (NYSE:INSP) for 103,457 shares. Pub Employees Retirement Systems Of Ohio stated it has 93,854 shares or 0.02% of all its holdings. Citadel Advsrs Llc owns 111,859 shares. Alliancebernstein L P invested 0% in Inspire Medical Systems, Inc. (NYSE:INSP). Cubist Systematic Strategies Ltd Co stated it has 0.01% of its portfolio in Inspire Medical Systems, Inc. (NYSE:INSP). Natixis Advsr Lp holds 45,522 shares. Stone Ridge Asset Mgmt Limited Co holds 15,370 shares or 0.03% of its portfolio. Moreover, Parkside Fin Fincl Bank Tru has 0% invested in Inspire Medical Systems, Inc. (NYSE:INSP) for 19 shares. Hrt Limited Liability has invested 0.02% in Inspire Medical Systems, Inc. (NYSE:INSP). Canada Pension Plan Investment Board stated it has 53,610 shares or 0% of all its holdings.

The stock of Inspire Medical Systems Inc (NYSE:INSP) registered an increase of 1.15% in short interest. INSP’s total short interest was 772,300 shares in September as published by FINRA. Its up 1.15% from 763,500 shares, reported previously. With 315,700 shares average volume, it will take short sellers 2 days to cover their INSP’s short positions. The short interest to Inspire Medical Systems Inc’s float is 4.71%.

The stock decreased 0.67% or $0.42 during the last trading session, reaching $62.26. About 128,583 shares traded. Inspire Medical Systems, Inc. (NYSE:INSP) has risen 58.27% since September 13, 2018 and is uptrending. It has outperformed by 58.27% the S&P500.

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea . The company has market cap of $1.49 billion. It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. It currently has negative earnings.

More notable recent Inspire Medical Systems, Inc. (NYSE:INSP) news were published by: Seekingalpha.com which released: “Inspire Medical Systems (INSP) Presents At RBC Capital Markets 2019 Healthcare Conference – Slideshow – Seeking Alpha” on May 23, 2019, also Benzinga.com with their article: “Inspire Medical Has $10B Annual Market Opportunity, Stifel Says In Bullish Initiation – Benzinga” published on May 29, 2018, Globenewswire.com published: “Inspire Medical Systems, Inc. Announces New Brand Identity and Website to Better Reach Prospective Patients Struggling with Sleep Apnea – GlobeNewswire” on August 13, 2019. More interesting news about Inspire Medical Systems, Inc. (NYSE:INSP) were released by: Globenewswire.com and their article: “Inspire Medical Systems, Inc. to Report Fourth Quarter and Fiscal 2018 Financial Results on February 26 – GlobeNewswire” published on February 05, 2019 as well as Globenewswire.com‘s news article titled: “Inspire Medical Systems, Inc. Announces First BCBS Coverage Policy following Evidence Street’s Positive Therapy Indication Summary – GlobeNewswire” with publication date: January 14, 2019.

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