SG Americas Securities LLC and Forsta AP Fonden have increased their stock holdings in Insulet Co. (PODD), as the company is set to share its Q2 2024 financial results soon. Insulet consistently faces pressure on its profits despite a revenue surge and increased competition. Central Pacific Bank Trust Division, Duality Advisers LP and Norden Group LLC have also bought significant amounts of shares. Insulet Corporation's earnings have gained investor interest, however, the company has also recorded insider sales. Yet, its long-term growth potential remains positive, with new innovative developments in the Omnipod 5 System and continuous steady returns on equity. The company has also reported increased revenue for Q1 2024 and a substantial revenue increase in Q4 2023. Despite challenges and a competitive market, Insulet managed to launch the Omnipod 5 in France and the U.S. Furthermore, it continues to expand the Omnipod’s compatibility and plans to launch the Omnipod 5 with expanded sensor integrations in the UK and the Netherlands.
Insulet Corporation PODD News Analytics from Tue, 08 Aug 2023 07:00:00 GMT to Sun, 14 Jul 2024 19:14:26 GMT -
