Insmed director Melvin Sharoky sells $637,650 in shares

Insmed director Melvin Sharoky sold 5,000 shares of INSMED Inc. (NASDAQ:INSM) common stock on August 17, 2026, indirectly through Padonia, LLC, where he serves as the managing member. The sale occurred near the stock's recent highs, with shares priced between $127.51 and $127.61 per share, resulting in a total transaction value of $637,650.

The company's financials have shown impressive growth, with revenue increasing by 186% over the last twelve months to $1.14 billion and a gross profit margin of 83%. Wall Street analysts remain optimistic, with price targets ranging from $169 to $243. Following the sale, Dr. Sharoky directly holds 246,081 shares of INSMED common stock.

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