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Insmed stock rises 8% after director Melvin Sharoky buys shares worth $344,000

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  • Insmed (NASDAQ:INSM +8.4%) is trading higher after the company's director Melvin Sharoky bought 20,000 shares of the stock for an average price of $17.2 per share
  • The total value adds up to $344,000.
  • The transaction was disclosed through an SEC filing on May 11.
  • Stock has been down 30% YTD.

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Insmed Incorporated