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Orbimed Advisors’s holding in Inspire Medical Systems Inc. decreased to about 230 thousand shares with the transaction.
Orbimed Advisors first bought Inspire Medical Systems Inc. stock in the second quarter of 2018. Orbimed Advisors also owns Glaukos Corp (NYSE:GKOS), Edwards Lifesciences Corp (NYSE:EW), Intuitive Surgical Inc (NASDAQ:ISRG) and Stryker Corp (NYSE:SYK). Inspire Medical Systems Inc. is its number seven position by number of shares and market value among health care supplies stocks.
Other investors who also reduced their Inspire Medical Systems Inc. shares include California State Teachers Retirement System, Mairs & Power Inc, and TimesSquare Capital Management. Contrary to Orbimed Advisors, Champlain Investment Partners, Gilder Gagnon Howe & Co., and Wasatch Advisors added to INSP shares, while Eminence Capital and Millennium Management established new holdings in Inspire Medical Systems Inc.
