President and CEO of Seattle Genetics Inc. (SGEN) Clay B Siegall sells 200,000 shares of SGEN on 03/17/2011 at an average price of $14.09 a share.

Seattle Genetics Inc. has a market cap of $1.62 billion; its shares were traded at around $14.28 with and P/S ratio of 15.2. Seattle Genetics Inc. had an annual average earning growth of 2.2% over the past 10 years.


This is the insider trade history vs. stock price of SGEN. For the complete insider trading history of SGEN, click here.

Directors and Officers Recent Trades:

• Buy: Director, 10% Owner Capital (gp), Llc 14159 bought 48,197 shares of SGEN stock on 02/02/2011 at the average price of 15.5. Capital (gp), Llc 14159 owns at least 303,449 shares after this. The price of the stock has decreased by 7.87% since.
• Buy: Director, 10% Owner Brothers Life Sciences C Baker bought 1,751,803 shares of SGEN stock on 02/02/2011 at the average price of 15.5. Brothers Life Sciences C Baker owns at least 13,470,692 shares after this. The price of the stock has decreased by 7.87% since.
• Sell: EVP, Process Sciences Morris Rosenberg sold 25,000 shares of SGEN stock on 12/15/2010 at the average price of 16.22. The price of the stock has decreased by 11.96% since.
• Sell: EVP, Process Sciences Morris Rosenberg sold 25,000 shares of SGEN stock on 12/02/2010 at the average price of 15.81. The price of the stock has decreased by 9.68% since.
• Sell: EVP, Process Sciences Morris Rosenberg sold 25,000 shares of SGEN stock on 11/04/2010 at the average price of 14.7. The price of the stock has decreased by 2.86% since.

For the complete insider trading history of SGEN, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool