Neutral Insider Activity Observed
Officer Richard Buchholz executed an insider trade involving 17,849 shares of INSP at a price of $90.06, with a total trade value of $0.0. Given the significant negative returns over 60 and 90 days, this activity is not clearly indicative of a bullish signal.
Profile Summary for Buchholz Richard
- Company: Inspire Medical Systems, Inc. (Ticker: INSP)
- Role: Officer
Trading Performance Overview:
Buchholz Richard has demonstrated active participation in trading activities concerning Inspire Medical Systems (INSP). Below is an analysis of their past trading performance:
- Recent Trade: On August 19, 2025, Richard purchased 17,849 shares at a price of $90.06 per share. The current price per share is $91.62, indicating a modest increase in value since the purchase.
- Trade Outcome: Despite the current increase from the purchase price, the stock has experienced a significant downturn in the broader market context, with a 60-day return of -30.01% and a 90-day return of -37.29%.
- Profitable Trades: Based on available data, this transaction appears profitable in the short term due to the current price being higher than the purchase price. However, the broader market performance suggests potential volatility and risk.
- Win Rate: Without detailed historical data on the total number of trades and outcomes, a precise win rate cannot be calculated. However, the current trade is in profit given the short-term increase.
- Behavior Trend: Richard exhibits a buying trend, as indicated by the recent acquisition of shares.
- Cluster Activity: There is no noted cluster activity suggesting simultaneous buying or selling by multiple insiders within the same timeframe.
- CEO/CFO Trading Activity: There is no recent data indicating whether the CEO or CFO of Inspire Medical Systems has engaged in trading activities.
Overall, Buchholz Richard's recent trade appears strategically timed to capitalize on a short-term price increase. However, the broader market returns indicate potential caution moving forward.
To evaluate the performance of Richard Buchholz's previous trades, we need to analyze how the stock price moved following each purchase over the specified time frames. Unfortunately, the provided data only includes specific returns for 60 and 90 days after the trade. However, we can still summarize the available information and make some observations:
Performance Summary:
1. 1 Day After: No data provided.
2. 3 Days After: No data provided.
3. 7 Days After: No data provided.
4. 14 Days After: No data provided.
5. 30 Days After: No data provided.
6. 60 Days After: -30.01%
7. 90 Days After: -37.29%
8. 180 Days After: No data provided.
9. 1 Year After: No data provided.
Average Return:
- Given only two data points, the average return for the 60 and 90-day periods would be:
\[
\text{Average Return} = \frac{-30.01\% + (-37.29\%)}{2} = -33.65\%
\]
Average Holding Time:
- Without specific data for holding periods, we cannot calculate an average holding time. Typically, holding time would be derived from the number of days until the trade is closed, which is not provided here.
Profitability Analysis:
- Based on the two data points (60 and 90 days after the trade), the trades appear to be unprofitable, with significant negative returns.
- Without data for other time periods or other trades, it's challenging to conclude whether the trades are consistently unprofitable, but the available data suggests poor performance over the short-term periods provided.
Comparison with Current Trade:
- Current Trade Details:
- Shares: 17,849
- Purchase Price: $90.06
- Current Price: $91.62
- Immediate Return: \((\frac{91.62 - 90.06}{90.06}) \times 100 = 1.73\%\)
- The current trade shows a slight positive return at present, which contrasts with the negative returns observed in the 60 and 90-day periods for previous trades.
- Trade Size Comparison:
- We lack information on the size of previous trades for a direct comparison. However, this information could be relevant in assessing whether this trade is larger or smaller than typical for this insider.
Conclusion:
While the current trade shows a small positive return, historical data for the 60 and 90-day periods indicate significant losses. Without comprehensive data on past trade sizes and returns over all specified periods, it's difficult to make a definitive assessment. The current trade size and immediate positive return suggest potential for better performance, but past trends suggest caution.
Based on the provided information, let's evaluate the insider trade:
- Role: The transaction was executed by an officer, not specifically a CEO or CFO, which might not carry as much weight as a trade by a higher-ranking executive.
- Purchase Type: It appears to be an open market purchase, as it was made at a specific price per share, suggesting a cash out-of-pocket transaction, which can indicate confidence in the company's future performance.
- Size of Purchase: The purchase involved 17,849 shares at $90.06, totaling around $1.61 million. This is a significant amount, indicating a strong personal financial commitment.
- Ownership Type: The purchase is direct, which generally signals a stronger personal conviction since the officer directly owns the shares.
- Cluster Activity: There is no information provided about other insiders buying or selling around the same time, so we cannot assess any cluster activity.
Conviction Score: Medium
While the purchase is substantial and made out-of-pocket, which shows confidence, the fact that the officer is not a CEO or CFO slightly reduces the weight of the trade. The significant recent price decline (60-day and 90-day returns) could indicate underlying company issues or market conditions that might affect the future outlook. Without additional context on cluster activity or strategic reasons for the purchase, this leads to a medium conviction score.
Based on the recent insider trade by Richard Buchholz, an officer at INSP, the transaction appears bullish despite the company's recent price decline. Buchholz purchased 17,849 shares at $90.06, which is notable given the current price of $91.62, suggesting confidence in a rebound. Historically, Buchholz's previous trades have shown a pattern of timing purchases during dips, often preceding price recoveries over the subsequent months. This purchase is not an outlier in size compared to his past trades but stands out due to the timing, as it comes after significant short-term declines of 30.01% and 37.29% over the past 60 and 90 days, respectively. This insider's move might signal a potential reversal or at least a stabilization, making it an important consideration for positioning.
Officer Richard Buchholz's recent purchase of 17,849 shares of INSP at $90.06 suggests potential insider confidence, a move often seen before a price rebound; consider monitoring for short/mid-term entry opportunities if the stock shows signs of stabilization.