Inspire Medical Systems, Inc. (NYSE: INSP) Overview and Stock Update

Company Overview - Inspire Medical Systems, Inc. specializes in innovative medical solutions for sleep apnea treatment, particularly known for its Inspire therapy, which serves as an alternative to traditional CPAP machines [1] Stock Performance - The current stock price of INSP is $81.33, reflecting a 2.43% increase or $1.93, with fluctuations between $78.17 and $81.76 throughout the day [4] - Over the past year, INSP has experienced significant volatility, with a high of $203.12 and a low of $70.77 [4] - The company's market capitalization is approximately $2.41 billion, with a trading volume of 1,084,065 shares on the NYSE [4] Analyst Insights - RBC Capital has set a price target of $90 for INSP, indicating a potential upside of approximately 10.66% from the current trading price [2][5] - Baillie Gifford & Co. has reduced its stake in INSP by 2.7%, selling 29,538 shares, leaving them with 1,084,350 shares valued at $80.5 million, which represents about 3.67% of the company [2][5] Institutional Investor Activity - The Texas Permanent School Fund Corp has increased its holdings in INSP by 42.2%, acquiring an additional 11,892 shares, bringing their total to 40,042 shares valued at $5.2 million [3] - Nordea Investment Management AB has entered a new position in INSP, investing approximately $1.6 million during the second quarter [3]