INSP

Inspire Medical Systems, Inc.

NYSE · Surgical & Medical Instruments & Apparatus · Inc. DE · CIK 0001609550
$42.70 +0.61% $1.2B
Insider Selling Cluster (2 insiders)18 New Institutional Positions27 Institutional Exits
Vol
Market Cap$1.2B
Cap SizeSmall Cap
Analyst ConsensusHold (33%)
Inst. Holders50 funds
Inst. Value$1.1B
Inst. Activity18 buys / 27 sells
Insider Activity0B / 3S
Insider Net $-$175.9K
SEC Reports4
Exchange NYSE·Sector Surgical & Medical Instruments & Apparatus·Inc. DE·CIK 0001609550·Prev Close $42.44

Recent Activity

Jun 12, 2026 other
Inspire Medical Systems, Inc. to Participate in the Wells Fargo 2026 MedTech Innovation Spotlight
<p>MINNEAPOLIS, June 12, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Insp
Jun 11, 2026 SEC
{ "summary": "A significant institutional cluster for INSP during Q3 2024 shows 17 funds accumulating $190.3M in net n
INST-CLUSTER — Impact 5/10
May 15, 2026 Insider
Rondoni John sold 2,641 shares
See Remarks @ $43.28 ($114.3K)
May 14, 2026 Insider
Rondoni John sold 700 shares
See Remarks @ $43.01 ($30.1K)
May 8, 2026 SEC
Director Shawn T. McCormick filed a Form 144 to sell 696 shares of Inspire Medical Systems, valued at approximately $31,
144 — Impact 2/10
May 8, 2026 Insider
mcCormick Shawn sold 696 shares
Director @ $45.31 ($31.5K)
Apr 6, 2026 SEC
Inspire Medical Systems announced a future date for its Q1 2026 earnings release. No financial results for Q1 2026 were
PRESS-RELEASE — Impact 3/10
Inst.
Assenagon Asset Management S.A. — ADD
520,174 shares ($26.8M)

Price Targets

$52.17 +22.2% upside Strong Buy
Current $42.70 Low $39.00 Median $53.00 High $65.00 12 analysts
$39.00 $65.00

Analyst Ratings

Sell33% buy · 24 analysts
3Strong Buy
5Buy
15Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 7, 2026 Oppenheimer MAINTAIN Perform → Perform
May 5, 2026 JP Morgan MAINTAIN Neutral → Neutral
May 5, 2026 Piper Sandler DOWNGRADE Overweight → Neutral
May 5, 2026 Stifel MAINTAIN Buy → Buy
May 5, 2026 RBC Capital MAINTAIN Sector Perform → Sector Perform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.25 ▼ -198.8% $-0.38 — $-0.19 -155% YoY 12
Next Q $0.16 ▼ -66.7% $-0.06 — $0.50 -57% YoY 12
Current FY $0.90 ▼ -55.7% $0.79 — $1.00 -63% YoY 13
Next FY $1.31 ▼ -49.5% $1.00 — $1.63 45% YoY 13

Top Institutional Holders

FundValueMove
BlackRock, Inc.$183.1M
WELLINGTON MANAGEMENT GROUP LLP$130.8MNEW
VANGUARD PORTFOLIO MANAGEMENT LLC$84.4M
MORGAN STANLEY$74.8MDOUBLED
VANGUARD CAPITAL MANAGEMENT LLC$65.3M

Recent Insider Trades

DateInsiderTypeValue
May 15, 2026Rondoni JohnSELL$114.3K
May 14, 2026Rondoni JohnSELL$30.1K
May 8, 2026mcCormick ShawnSELL$31.5K
May 1, 2026Melenikiotou GeorgiaF$2.8K
Apr 30, 2026Ellis GaryA$0.00
50 institutional holders with $1.1B total value (21,828,104 shares) as of 2026-Q1. Top holders: BlackRock,, WELLINGTON, VANGUARD. Net selling activity: 27 institutions trimmed/exited vs 18 added.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.3,549,554$183.1M16.3%
2WELLINGTON MANAGEMENT GROUP LLP2,535,954$130.8M11.6%NEW
3VANGUARD PORTFOLIO MANAGEMENT LLC1,637,173$84.4M7.5%
4MORGAN STANLEY1,450,634$74.8M6.6%DOUBLED +179.5%
5VANGUARD CAPITAL MANAGEMENT LLC1,266,738$65.3M5.8%
6D. E. Shaw & Co., Inc.1,188,537$61.3M5.4%DOUBLED +237.8%
7WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC1,137,384$58.7M5.2%
8STATE STREET CORP956,011$49.3M4.4%
9Artisan Partners Limited Partnership780,575$40.3M3.6%ADD +49.3%
10GOLDMAN SACHS GROUP INC664,003$34.2M3.0%
11Assenagon Asset Management S.A.520,174$26.8M2.4%ADD +96.3%
12DEUTSCHE BANK AG\513,175$26.5M2.4%
13RENAISSANCE TECHNOLOGIES LLC469,968$24.2M2.2%
14CITADEL ADVISORS LLC394,076$20.3M1.8%
15RA CAPITAL MANAGEMENT, L.P.325,663$16.8M1.5%DOUBLED +129.4%
16BAMCO INC /NY/298,470$15.4M1.4%
17Amundi256,830$13.2M1.2%TRIM -29.6%
18ROYAL BANK OF CANADA252,971$13.0M1.2%
19DIMENSIONAL FUND ADVISORS LP234,670$12.1M1.1%TRIM -31.3%
20SUSQUEHANNA INTERNATIONAL GROUP, LLP210,573$10.9M1.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Assenagon Asset Management S.A.ADD264,999520,174+96.3%$26.8M2026-Q1
RA CAPITAL MANAGEMENT, L.P.DOUBLED141,964325,663+129.4%$16.8M2026-Q1
AmundiTRIM364,622256,830-29.6%$13.2M2026-Q1
DIMENSIONAL FUND ADVISORS LPTRIM341,397234,670-31.3%$12.1M2026-Q1
TUDOR INVESTMENT CORP ET ALADD112,873167,218+48.1%$8.6M2026-Q1
CANADA PENSION PLAN INVESTMENT BOARDADD105,500164,100+55.5%$8.5M2026-Q1
AMERIPRISE FINANCIAL INCADD91,277143,451+57.2%$7.4M2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCDOUBLED141132,954+94193.6%$6.9M2026-Q1
Trexquant Investment LPTRIM213,249121,490-43.0%$6.3M2026-Q1
Invesco Ltd.TRIM261,374103,973-60.2%$5.4M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCTRIM188,100100,207-46.7%$5.2M2026-Q1
Gotham Asset Management, LLCADD48,54787,733+80.7%$4.5M2026-Q1
Nuveen, LLCTRIM159,42185,169-46.6%$4.4M2026-Q1
FIRST TRUST ADVISORS LPDOUBLED3,07271,661+2232.7%$3.7M2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.ADD52,24667,280+28.8%$3.5M2026-Q1
VICTORY CAPITAL MANAGEMENT INCDOUBLED11,32264,260+467.6%$3.3M2026-Q1
FRANKLIN RESOURCES INCNEAR_EXIT231,43843,227-81.3%$2.2M2026-Q1
NORDEA INVESTMENT MANAGEMENT ABDOUBLED11,38840,420+254.9%$2.1M2026-Q1
FMR LLCTRIM137,30637,984-72.3%$2.0M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD16,45326,566+61.5%$1.4M2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDTRIM31,46921,023-33.2%$1.1M2026-Q1
HSBC HOLDINGS PLCTRIM43,32819,730-54.5%$996.8K2026-Q1
LAZARD ASSET MANAGEMENT LLCTRIM44,98118,938-57.9%$976.8K2026-Q1
Jain Global LLCNEAR_EXIT268,25014,804-94.5%$763.6K2026-Q1
JANUS HENDERSON GROUP PLCNEAR_EXIT562,33113,451-97.6%$693.7K2026-Q1
15 unique insiders with 27 transactions. Net insider value: -$175.9K ($0.00 bought, $175.9K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 15, 2026Rondoni JohnSee RemarksSELL2,641$43.28$114.3K
May 14, 2026Rondoni JohnSee RemarksSELL700$43.01$30.1K
May 8, 2026mcCormick ShawnDirectorSELL696$45.31$31.5K
May 1, 2026Melenikiotou GeorgiaDirectorTAX W/H50$56.70$2.8K
Apr 30, 2026Ellis Gary LeeDirectorAWARD3,562
Apr 30, 2026Mead Dana G Jr.DirectorAWARD3,562
Apr 30, 2026Curet MyriamDirectorAWARD3,562
Apr 30, 2026Tansey Casey MDirectorAWARD3,562
Apr 30, 2026Burks CynthiaDirectorAWARD3,562
Apr 30, 2026mcCormick ShawnDirectorAWARD3,562
Apr 30, 2026Melenikiotou GeorgiaDirectorAWARD3,562
Apr 30, 2026Broader Shelley GDirectorAWARD3,562
Apr 15, 2026Melenikiotou GeorgiaDirectorAWARD307$52.07$16.0K
Apr 15, 2026Tansey Casey MDirectorAWARD308$52.07$16.0K
Apr 15, 2026Ellis Gary LeeDirectorAWARD518$52.07$27.0K
Apr 15, 2026Broader Shelley GDirectorAWARD342$52.07$17.8K
Feb 20, 2026Rondoni JohnSee RemarksAWARD2,400
Feb 20, 2026Mann MelissaChief People OfficerAWARD15,958
Feb 20, 2026Phillips Bryan KSee RemarksAWARD2,400
Feb 20, 2026Herbert Timothy P.CEO and PresidentAWARD9,005
Feb 20, 2026Kelly Jason PSee RemarksAWARD15,958
Feb 20, 2026Weatherby CarltonSee RemarksAWARD2,196
Feb 9, 2026Buchholz RichardInterim CFOTAX W/H327$66.33$21.7K
Feb 9, 2026Rondoni JohnSee RemarksTAX W/H327$66.33$21.7K
Feb 9, 2026Phillips Bryan KSee RemarksTAX W/H327$66.33$21.7K
Feb 9, 2026Weatherby CarltonSee RemarksTAX W/H327$66.33$21.7K
Feb 9, 2026Herbert Timothy P.CEO and PresidentTAX W/H968$66.33$64.2K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Sell (33% buy). Based on 24 analysts: 3 strong buy, 5 buy, 15 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$52.17 mean target +22.2% upside Strong Buy (3.00)
$39.00 Low $65.00 High
MetricValue
Current Price$42.70
Target Low$39.00
Target Mean$52.17
Target Median$53.00
Target High$65.00
# Analysts12
RecommendationStrong Buy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.25 $-0.38 $-0.19 -155.1% -198.8% 0↑ 12↓ $0.2B -10.7% 12
Next Q
2026-09-30
$0.16 $-0.06 $0.50 -56.6% -66.7% 1↑ 11↓ $0.2B -9.4% 12
Current FY
2026-12-31
$0.90 $0.79 $1.00 -62.8% -55.7% 0↑ 13↓ $0.8B -7.6% 13
Next FY
2027-12-31
$1.31 $1.00 $1.63 45.0% -49.5% 0↑ 12↓ $0.9B 4.0% 13

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.248
7d ago$-0.248
30d ago$0.251-0.499
60d ago$0.273-0.521
90d ago$0.280-0.529
13 analyst firms have rated this stock: 0 upgrades, 5 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 7, 2026 Oppenheimer MAINTAIN Perform Perform
May 5, 2026 JP Morgan MAINTAIN Neutral Neutral
May 5, 2026 Piper Sandler DOWNGRADE Overweight Neutral
May 5, 2026 Stifel MAINTAIN Buy Buy
May 5, 2026 RBC Capital MAINTAIN Sector Perform Sector Perform
May 5, 2026 Truist Securities MAINTAIN Hold Hold
May 5, 2026 Evercore ISI Group MAINTAIN Outperform Outperform
May 5, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
May 5, 2026 Mizuho MAINTAIN Outperform Outperform
May 5, 2026 Baird MAINTAIN Neutral Neutral
Apr 15, 2026 Truist Securities MAINTAIN Hold Hold
Apr 13, 2026 Mizuho MAINTAIN Outperform Outperform
Apr 10, 2026 Stifel MAINTAIN Buy Buy
Apr 6, 2026 Evercore ISI Group MAINTAIN Outperform Outperform
Mar 5, 2026 Stifel MAINTAIN Buy Buy
Feb 13, 2026 Wolfe Research DOWNGRADE Outperform Peer Perform
Feb 12, 2026 Jefferies MAINTAIN Hold Hold
Feb 12, 2026 RBC Capital MAINTAIN Sector Perform Sector Perform
Feb 12, 2026 Piper Sandler MAINTAIN Overweight Overweight
Feb 12, 2026 Truist Securities MAINTAIN Hold Hold
Feb 12, 2026 Mizuho MAINTAIN Outperform Outperform
Feb 12, 2026 Wells Fargo DOWNGRADE Overweight Equal-Weight
Feb 12, 2026 Baird DOWNGRADE Outperform Neutral
Jan 27, 2026 RBC Capital DOWNGRADE Outperform Sector Perform
Jan 14, 2026 Wells Fargo MAINTAIN Overweight Overweight
Jan 8, 2026 Truist Securities MAINTAIN Buy Buy
Dec 23, 2025 UBS MAINTAIN Neutral Neutral
Dec 17, 2025 RBC Capital MAINTAIN Outperform Outperform
Dec 17, 2025 Mizuho MAINTAIN Outperform Outperform
Dec 16, 2025 JP Morgan MAINTAIN Neutral Neutral

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202635151033%
May 1, 202647140044%
Apr 1, 202647140044%
Mar 1, 202657130048%
Feb 1, 202669100060%
Jan 1, 202671170072%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 12, 2026
other
Inspire Medical Systems, Inc. to Participate in the Wells Fargo 2026 MedTech Innovation Spotlight
<p>MINNEAPOLIS, June 12, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the
May 18, 2026
dark_pool
Dark Pool: INSP — 1.8M shares, 42,870 trades
Week starting 2026-05-18. Total ATS volume: 1,783,547 shares across 42,870 trades.
May 13, 2026
short_interest
FTD: INSP — 33,110 shares ($1.5M) failed to deliver
Settlement: 20260513, Price: $44.06, FTD Value: $1,458,826.6, INSPIRE MED SYS INC COM
May 11, 2026
dark_pool
Dark Pool: INSP — 1.7M shares, 40,692 trades
Week starting 2026-05-11. Total ATS volume: 1,715,818 shares across 40,692 trades.
May 7, 2026
short_volume
Short Volume: INSP — 68.4% short (0.5M / 0.7M)
Short: 495,634 | Exempt: 0 | TRF Vol: 725,134 | Short Ratio: 68.4% | Off-exchange volume (dark pool + OTC)
May 6, 2026
short_volume
Short Volume: INSP — 55.7% short (0.3M / 0.6M)
Short: 336,495 | Exempt: 4,871 | TRF Vol: 604,597 | Short Ratio: 55.7% | Off-exchange volume (dark pool + OTC)
May 4, 2026
earnings
Inspire Medical Systems, Inc. Announces First Quarter 2026 Financial Results and Updates 2026 Guidance
<p>MINNEAPOLIS, May 04, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire, or the Company), a medical technology company
May 4, 2026
dark_pool
Dark Pool: INSP — 3.2M shares, 55,417 trades
Week starting 2026-05-04. Total ATS volume: 3,151,292 shares across 55,417 trades.
May 4, 2026
earnings_calendar
INSP Q1 2026 Earnings After Market Close — 2026-05-04
Apr 28, 2026
short_interest
FTD: INSP — 60,000 shares ($3.3M) failed to deliver
Settlement: 20260428, Price: $55.07, FTD Value: $3,304,200, INSPIRE MED SYS INC COM
Apr 27, 2026
dark_pool
Dark Pool: INSP — 1.2M shares, 33,927 trades
Week starting 2026-04-27. Total ATS volume: 1,209,911 shares across 33,927 trades.
Apr 21, 2026
short_volume
Short Volume: INSP — 74.8% short (0.4M / 0.5M)
Short: 393,707 | Exempt: 226 | TRF Vol: 526,030 | Short Ratio: 74.8% | Off-exchange volume (dark pool + OTC)
Apr 20, 2026
dark_pool
Dark Pool: INSP — 1.3M shares, 31,159 trades
Week starting 2026-04-20. Total ATS volume: 1,325,775 shares across 31,159 trades.
Apr 13, 2026
dark_pool
Dark Pool: INSP — 1.1M shares, 27,535 trades
Week starting 2026-04-13. Total ATS volume: 1,144,457 shares across 27,535 trades.
Apr 10, 2026
short_volume
Short Volume: INSP — 58.7% short (0.3M / 0.5M)
Short: 315,960 | Exempt: 0 | TRF Vol: 538,576 | Short Ratio: 58.7% | Off-exchange volume (dark pool + OTC)