Why Resmed (RMD) Stock Is Up Today

Resmed (RMD) is up 5.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a fresh boost in investor sentiment after the stock was added to a major bank’s APAC Conviction List, a move that points to stronger confidence in patient growth and the company’s medium-term outlook. The rally may also be getting support from anticipation around the next earnings report and from Resmed’s recent expansion moves in sleep health.

Details:

Shares recently jumped after a prominent bank added Resmed to its APAC Conviction List, which tends to be viewed as a high-conviction endorsement.

Resmed has told investors it will report fourth-quarter fiscal 2026 results on August 6, giving the market a near-term event to focus on.

In its latest quarterly update, the company reiterated its fiscal 2026 outlook, including margin and expense ranges, which may have helped reinforce confidence in execution.

Resmed also completed the acquisition of Noctrix Health in June, expanding its clinical sleep health portfolio and adding another growth angle for investors.

Sources:

Resmed Investor Relations, SEC, StockStory

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$RMD Insider Trading Activity

$RMD insiders have traded $RMD stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.

Here’s a breakdown of recent trading of $RMD stock by insiders over the last 6 months:

MICHAEL J. FARRELL (Chairman and CEO) has made 0 purchases and 5 sales selling 24,955 shares for an estimated $5,952,954.
PETER C FARRELL has made 0 purchases and 4 sales selling 8,000 shares for an estimated $1,970,720.
BRETT SANDERCOCK (Chief Financial Officer) has made 0 purchases and 2 sales selling 2,000 shares for an estimated $481,340.
MICHAEL J RIDER (Global General Counsel) sold 50 shares for an estimated $13,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$RMD Hedge Fund Activity

We have seen 402 institutional investors add shares of $RMD stock to their portfolio, and 376 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AMUNDI added 587,872 shares (+123.9%) to their portfolio in Q1 2026, for an estimated $131,965,506
DIAMANT ASSET MANAGEMENT, INC. added 402,164 shares (+21166.5%) to their portfolio in Q1 2026, for an estimated $90,277,774
MARSHALL WACE, LLP added 381,296 shares (+inf%) to their portfolio in Q1 2026, for an estimated $85,593,326
TWO SIGMA INVESTMENTS, LP added 312,468 shares (+inf%) to their portfolio in Q1 2026, for an estimated $70,142,816
VOLORIDGE INVESTMENT MANAGEMENT, LLC added 309,614 shares (+244.4%) to their portfolio in Q1 2026, for an estimated $69,502,150
RENAISSANCE TECHNOLOGIES LLC removed 304,480 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $68,349,670
PRICE T ROWE ASSOCIATES INC /MD/ removed 297,795 shares (-38.7%) from their portfolio in Q1 2026, for an estimated $66,849,021

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$RMD Analyst Ratings

Wall Street analysts have issued reports on $RMD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 04/15/2026

To track analyst ratings and price targets for $RMD, check out Quiver Quantitative's $RMD forecast page.

$RMD Price Targets

Multiple analysts have issued price targets for $RMD recently. We have seen 8 analysts offer price targets for $RMD in the last 6 months, with a median target of $268.0.

Here are some recent targets:

Justin Patterson from Keybanc set a target price of $266.0 on 06/22/2026
David Bailey from Morgan Stanley set a target price of $230.0 on 06/17/2026
Laura Sutcliffe from Citigroup set a target price of $270.0 on 06/15/2026
Nathan Treybeck from Wells Fargo set a target price of $227.0 on 05/01/2026
Craig Wong-Pan from RBC Capital set a target price of $321.0 on 05/01/2026
Adam Maeder from Piper Sandler set a target price of $275.0 on 01/30/2026
Jonathan Block from Stifel set a target price of $265.0 on 01/30/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.