The Chief People Strategy Officer of Insmed (INSM) is Selling Shares


Today, the Chief People Strategy Officer of Insmed (INSM), Orlov Nicole Schaeffer, sold shares of INSM for $278.8K.

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Based on Insmed’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $21.9 million and GAAP net loss of $74.15 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $68.52 million. Currently, Insmed has an average volume of 711.3K. The Company has a Price to Book ratio of 13.0389.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $45.25, reflecting a 88.3% upside.

In the last 30 days, insiders have sold $278.8K worth of INSM shares and purchased $83.52K worth of INSM shares.

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Insmed, Inc. is a biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases. Its first commercial product is ARIKAYCE (amikacin liposome inhalation suspension), which is approved in the United States for the treatment of Mycobacterium avium complex (MAC) lung disease as part of a combination antibacterial drug regimen for adult patients with limited or no alternative treatment options. The MAC lung disease is a rare and often chronic infection that can cause irreversible lung damage and can be fatal. Its earlier-stage clinical pipeline includes INS1007, a novel oral reversible inhibitor of dipeptidyl peptidase 1 with therapeutic potential in non-cystic fibrosis bronchiectasis and other inflammatory diseases, and INS1009, an inhaled formulation of a treprostinil prodrug that may offer a differentiated product profile for rare pulmonary disorders, including pulmonary arterial hypertension. The company was founded in 1988 and is headquartered in Bridgewater, NJ.

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