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William Blair Investment Management LLC Sells 289,636 Shares of Insulet Corporation $PODD
William Blair Investment Management LLC significantly reduced its stake in Insulet Corporation (NASDAQ:PODD) by 49.7% in the third quarter, selling 289,636 shares and now owning 0.42% of the company valued at $90.613 million. Despite this, other institutional investors increased their holdings, and an insider, Michael R. Minogue, purchased additional shares. Analysts maintain a “Moderate Buy” rating for Insulet with a consensus target price of $354.57, following strong financial performance in its latest earnings report.