Casey Tansey - Inspire Medical Independent Director

INSP Stock  USD 192.76  1.24  0.64%   

Director

Mr. Casey M. Tansey serves as independent Director of the Company since January 2008. Since August 2014, Mr. Tansey has served as a Managing Partner of U.S. Venture Partners, a VC investment firm, and, from April 2005 to July 2014, as a Managing Member of USVP. Mr. Tansey previously served on the board of directors of Intersect ENT, Inc. from 2006 to 2017 and Reshape Medical, Inc. from October 2008 to October 2017 since 2008.
Age 63
Tenure 16 years
Professional MarksMBA
Address 5500 Wayzata Blvd., Golden Valley, MN, United States, 55416
Phone844 672 4357
Webhttps://www.inspiresleep.com
Tansey holds a B.S. and M.B.A. from the College of Notre Dame. We believe Mr. Casey’s extensive experience in the medical device industry enables him to make valuable contributions to our Board.

Inspire Medical Management Efficiency

The company has return on total asset (ROA) of 0.0118 % which means that it generated a profit of $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0533 %, meaning that it created $0.0533 on every $100 dollars invested by stockholders. Inspire Medical's management efficiency ratios could be used to measure how well Inspire Medical manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/01/2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to drop to -0.07. At this time, Inspire Medical's Total Current Liabilities is relatively stable compared to the past year. As of 12/01/2024, Liabilities And Stockholders Equity is likely to grow to about 710.7 M, while Non Current Liabilities Total is likely to drop slightly above 23.1 M.
Inspire Medical Systems currently holds 24.85 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Inspire Medical Systems has a current ratio of 5.51, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Inspire Medical's use of debt, we should always consider it together with its cash and equity.

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Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea in the United States and internationally. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota. Inspire Medical operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 485 people. Inspire Medical Systems (INSP) is traded on New York Stock Exchange in USA. It is located in 5500 Wayzata Blvd., Golden Valley, MN, United States, 55416 and employs 1,011 people. Inspire Medical is listed under Health Care Technology category by Fama And French industry classification.

Management Performance

Inspire Medical Systems Leadership Team

Elected by the shareholders, the Inspire Medical's board of directors comprises two types of representatives: Inspire Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Inspire. The board's role is to monitor Inspire Medical's management team and ensure that shareholders' interests are well served. Inspire Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Inspire Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Georgia GarinoisMelenikiotou, Independent Director
Megan CPA, Director Reporting
Timothy Herbert, President, Chief Executive Officer, Director
Steven Jandrich, Chief Compliance Officer, Vice President of Human Resources
Martin Abrams, Vice Experience
John Rondoni, Chief Officer
Shawn McCormick, Independent Director
Ivan Lubogo, Senior Sales
Marilyn Nelson, Independent Chairman of the Board
Jerry Griffin, Independent Director
Bryan Phillips, Senior Vice President Chief Compliance Officer, General Counsel, Company Secretary
Melissa Mann, Chief Officer
Philip Ebeling, Chief Operating Officer
Ezgi Yagci, Vice Relations
Andreas Henke, Executive Europe
Casey Tansey, Independent Director
Richard Buchholz, Chief Financial Officer
Kathy Sherwood, Senior Access
Gary Ellis, Independent Director
Carlton Weatherby, Chief Officer
Randall Ban, Senior Vice President Global Sales and Marketing
Dana Mead, Independent Director
Shelley Broader, Independent Director
Bryan JD, General VP
Georgia Melenikiotou, Independent Director
MD FAAOS, Chief Officer

Inspire Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Inspire Medical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Inspire Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inspire Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inspire Medical will appreciate offsetting losses from the drop in the long position's value.

Moving against Inspire Stock

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The ability to find closely correlated positions to Inspire Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspire Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inspire Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inspire Medical Systems to buy it.
The correlation of Inspire Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inspire Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspire Medical Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Inspire Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Inspire Stock Analysis

When running Inspire Medical's price analysis, check to measure Inspire Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inspire Medical is operating at the current time. Most of Inspire Medical's value examination focuses on studying past and present price action to predict the probability of Inspire Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Medical's price. Additionally, you may evaluate how the addition of Inspire Medical to your portfolios can decrease your overall portfolio volatility.