Insmed Q2 EPS misses consensus estimates, revenue increases 17%, but StockNews downgrades rating.

Insmed reported Q2 EPS of ($1.94), missing consensus estimates by ($0.72), but the company's revenue increased 17% to $90.34M. Despite analysts like Morgan Stanley raising price targets and maintaining buy ratings, StockNews.com downgraded Insmed to a sell rating. CEO William Lewis and CFO Sara Bonstein have sold shares, while Vanguard Group and Principal Financial Group increased their holdings.

August 11, 2024
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