Insulet Corporation (PODD) has been making headlines for its strong growth momentum, stock performance, earnings and investments in the corporation. Notable transactions include the sale of PODD shares by
Principal Financial Group Inc., a new stake purchase in Insulet Co. by
Norges Bank, and the acquisition of PODD shares by
Envestnet Portfolio Solutions Inc. Major focus was placed on the company's Q1 2024 earnings, with 2024 revenue views being raised as a result of strong Q1 earnings.
BI Asset Management owns a $4.01 million stake in the corporation. Despite the company witnessing a revenue surge, it is facing a profit squeeze. Wall Street analysts predict a 38.87% upside for PODD based on its recent performance. PODD's financial results were promising, with increases of 30% in full year 2023 revenue, and a 23% increase in Q1 2024 revenue year over year. The company's stock has yielded a 271% return in 5 years. New positions were taken by
McKinley Capital Management LLC and
Dynamic Technology Lab Private Ltd, underscoring the strength of the investment interest. PODD awaits its Q1 earnings release.
Insulet Corporation PODD News Analytics from Tue, 08 Aug 2023 07:00:00 GMT to Thu, 23 May 2024 14:36:00 GMT -
Rating 7
- Innovation 5
- Rumor -2
