Westfield Capital Management Co. LP reduced its stake in Insulet Corporation (NASDAQ:PODD) by 5.3% in the third quarter, selling 11,362 shares and ending with 201,387 shares valued at $62.17 million. This comes as Insulet reported strong Q1 earnings, beating analyst expectations with an EPS of $1.55 and revenue of $783.8 million, a 31.2% year-over-year increase. Analysts maintain a “Moderate Buy” rating with a consensus price target of $354.57.
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Westfield Capital Management Co. LP Sells 11,362 Shares of Insulet Corporation $PODD
Westfield Capital Management Co. LP reduced its stake in Insulet Corporation (NASDAQ:PODD) by 5.3% in the third quarter, selling 11,362 shares and ending with 201,387 shares valued at $62.17 million. This comes as Insulet reported strong Q1 earnings, beating analyst expectations with an EPS of $1.55 and revenue of $783.8 million, a 31.2% year-over-year increase. Analysts maintain a “Moderate Buy” rating with a consensus price target of $354.57.