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Biogen Idec Inc (BIIB) Executive VP and CFO Paul J Clancy sells 21,400 Shares

Feb 03, 2012 | About:
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Executive VP and CFO of Biogen Idec Inc (BIIB) Paul J Clancy sells 21,400 shares of BIIB on 02/01/2012 at an average price of $120 a share.

Biogen Idec Inc has a market cap of $29.46 billion; its shares were traded at around $121.26 with a P/E ratio of 21.1 and P/S ratio of 6.3. Biogen Idec Inc had an annual average earning growth of 25.3% over the past 5 years.

CFO Recent Trades:


  • Executive VP and CFO Paul J Clancy sold 20,244 shares of BIIB stock on 01/03/2012 at the average price of 112.35. Paul J Clancy owns at least 21,168 shares after this. The price of the stock has increased by 7.93% since.

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




Directors and Officers Recent Trades:


  • Director Nancy Leaming sold 3,000 shares of BIIB stock on 01/20/2012 at the average price of 118. Nancy Leaming owns at least 6,335 shares after this. The price of the stock has increased by 2.76% since.
  • Director Nancy Leaming sold 3,000 shares of BIIB stock on 01/06/2012 at the average price of 116. Nancy Leaming owns at least 6,335 shares after this. The price of the stock has increased by 4.53% since.
  • Director Eric K Rowinsky sold 12,992 shares of BIIB stock on 01/06/2012 at the average price of 116. Eric K Rowinsky owns at least 9,135 shares after this. The price of the stock has increased by 4.53% since.
  • Director Nancy Leaming sold 4,000 shares of BIIB stock on 01/03/2012 at the average price of 114. Nancy Leaming owns at least 6,335 shares after this. The price of the stock has increased by 6.37% since.
  • Director Stephen A Sherwin sold 2,500 shares of BIIB stock on 12/19/2011 at the average price of 110.88. Stephen A Sherwin owns at least 6,635 shares after this. The price of the stock has increased by 9.36% since.


For the complete insider trading history of BIIB, 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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