The Classy Investors

  /  Stock   /  Orbimed Advisors reduced stake in Inspire Medical Systems Inc.

Orbimed Advisors reduced stake in Inspire Medical Systems Inc.

imageStock Markets11 hours ago (Aug 11, 2020 07:00PM ET)

(C) Reuters. Orbimed Advisors reduced stake in Inspire Medical Systems Inc.

On the 7th of August, Orbimed Advisors sold 117 thousand Inspire Medical Systems Inc . (NYSE:INSP) shares for $12 million at an average price of $105.65 per share.
Shares of Inspire Medical Systems Inc. are up 0.30% since the transaction.

Orbimed Advisors’s holding in Inspire Medical Systems Inc. decreased to about 230 thousand shares with the transaction.

Orbimed Advisors first bought Inspire Medical Systems Inc. stock in the second quarter of 2018.
Orbimed Advisors also owns Glaukos Corp (NYSE:GKOS), Edwards Lifesciences Corp (NYSE:EW), Intuitive Surgical Inc (NASDAQ:ISRG) and Stryker Corp (NYSE:SYK).
Inspire Medical Systems Inc. is its number seven position by number of shares and market value among health care supplies stocks.

Other investors who also reduced their Inspire Medical Systems Inc. shares include California State Teachers Retirement System, Mairs & Power Inc, and TimesSquare Capital Management.
Contrary to Orbimed Advisors, Champlain Investment Partners, Gilder Gagnon Howe & Co., and Wasatch Advisors added to INSP shares, while Eminence Capital and Millennium Management established new holdings in Inspire Medical Systems Inc.

Orbimed Advisors reduced stake in Inspire Medical Systems Inc.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.