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Savient Pharmaceuticals Inc (SVNT) CEO John Johnson sells 17,650 Shares

Jan 04, 2012 | About:
insider
insider
CEO of Savient Pharmaceuticals Inc (SVNT) John Johnson sells 17,650 shares of SVNT on 01/03/2012 at an average price of $2.3 a share.

Savient Pharmaceuticals Inc. has a market cap of $165.1 million; its shares were traded at around $2.31 with and P/S ratio of 41. Savient Pharmaceuticals Inc. had an annual average earning growth of 79.7% over the past 5 years.

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


CEO Recent Trades:


  • CEO & President John Johnson bought 5,000 shares of SVNT stock on 11/21/2011 at the average price of 2.3. John Johnson owns at least 270,000 shares after this. The price of the stock has increased by 0.43% since.
  • CEO & President John Johnson bought 11,000 shares of SVNT stock on 11/18/2011 at the average price of 2.29. John Johnson owns at least 269,000 shares after this. The price of the stock has increased by 0.87% since.
  • CEO & President John Johnson bought 28,000 shares of SVNT stock on 09/16/2011 at the average price of 4.09. John Johnson owns at least 258,000 shares after this. The price of the stock has decreased by 43.52% since.

CFO Recent Trades:


  • EVP, CFO Kenneth J Zuerblis bought 2,000 shares of SVNT stock on 11/18/2011 at the average price of 2.35. Kenneth J Zuerblis owns at least 7,000 shares after this. The price of the stock has decreased by 1.7% since.
  • EVP, CFO Kenneth J Zuerblis bought 5,000 shares of SVNT stock on 09/15/2011 at the average price of 4.03. Kenneth J Zuerblis owns at least 5,000 shares after this. The price of the stock has decreased by 42.68% since.

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




Directors and Officers Recent Trades:


  • SVP, North American Commerical Louis Ferrari bought 4,000 shares of SVNT stock on 11/21/2011 at the average price of 2.29. Louis Ferrari owns at least 44,000 shares after this. The price of the stock has increased by 0.87% since.
  • EVP Biopharmaceutical Operatio Richard Crowley bought 3,000 shares of SVNT stock on 11/21/2011 at the average price of 2.53. Richard Crowley owns at least 103,000 shares after this. The price of the stock has decreased by 8.7% since.
  • SVP, Chief Medical Officer Kenneth Bahrt bought 5,000 shares of SVNT stock on 11/16/2011 at the average price of 2.59. Kenneth Bahrt owns at least 58,000 shares after this. The price of the stock has decreased by 10.81% since.
  • SVP, General Counsel Philip K Yachmetz bought 7,000 shares of SVNT stock on 09/16/2011 at the average price of 4.13. Philip K Yachmetz owns at least 189,024 shares after this. The price of the stock has decreased by 44.07% since.
  • Director Alan L Heller bought 7,500 shares of SVNT stock on 09/15/2011 at the average price of 3.99. Alan L Heller owns at least 40,179 shares after this. The price of the stock has decreased by 42.11% since.


For the complete insider trading history of SVNT, 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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