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SciClone Pharmaceuticals Inc. (SCLN) CEO Friedhelm Blobel buys 2,000 Shares

Nov 28, 2011 | About:
insider
insider
President & CEO of SciClone Pharmaceuticals Inc. (SCLN) Friedhelm Blobel buys 2,000 shares of SCLN on 11/23/2011 at an average price of $4.16 a share.

Sciclone Pharmaceuticals Inc. has a market cap of $247.87 million; its shares were traded at around $4.25 with a P/E ratio of 9.88 and P/S ratio of 2.91.

This is the annual revenues and earnings per share of SCLN over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of SCLN.


CEO Recent Trades:


  • President & CEO Friedhelm Blobel bought 2,000 shares of SCLN stock on 08/16/2011 at the average price of 5.11. Friedhelm Blobel owns at least 35,000 shares after this. The price of the stock has decreased by 16.83% since.

CFO Recent Trades:


  • Senior VP Finance & CFO Gary Titus bought 1,075 shares of SCLN stock on 08/18/2011 at the average price of 4.65. Gary Titus owns at least 26,766 shares after this. The price of the stock has decreased by 8.6% since.
  • Senior VP Finance & CFO Gary Titus bought 2,197 shares of SCLN stock on 06/15/2011 at the average price of 4.96. Gary Titus owns at least 25,691 shares after this. The price of the stock has decreased by 14.31% since.

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




Directors and Officers Recent Trades:


  • Director Roberto Camerini sold 68,334 shares of SCLN stock on 06/14/2011 at the average price of 4.97. The price of the stock has decreased by 14.49% since.


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

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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


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