Free 7-day Trial
All Articles and Columns »

Vertex Pharmaceuticals Inc. (VRTX) EVP & CFO Ian F Smith sells 9,667 Shares

Feb 09, 2012 | About:
insider
insider
EVP & CFO of Vertex Pharmaceuticals Inc. (VRTX) Ian F Smith sells 9,667 shares of VRTX on 02/08/2012 at an average price of $36.8 a share.

Vertex Pharmaceuticals Inc. has a market cap of $7.84 billion; its shares were traded at around $37.04 with and P/S ratio of 5.6. Vertex Pharmaceuticals Inc. had an annual average earning growth of 13.3% over the past 10 years.

CFO Recent Trades:


  • EVP & CFO Ian F Smith sold 6,042 shares of VRTX stock on 01/19/2012 at the average price of 37. Ian F Smith owns at least 26,659 shares after this. The price of the stock has increased by 0.11% since.

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




Directors and Officers Recent Trades:


  • SVP, Human Resources Lisa Kelly sold 10,166 shares of VRTX stock on 01/19/2012 at the average price of 37. Lisa Kelly owns at least 28,209 shares after this. The price of the stock has increased by 0.11% since.
  • SVP, Corp Affairs & Pub Policy Amit Sachdev sold 4,066 shares of VRTX stock on 01/19/2012 at the average price of 37. Amit Sachdev owns at least 35,626 shares after this. The price of the stock has increased by 0.11% since.
  • EVP, Chief Commercial Officer Nancy Wysenski sold 6,042 shares of VRTX stock on 01/19/2012 at the average price of 37. Nancy Wysenski owns at least 21,893 shares after this. The price of the stock has increased by 0.11% since.
  • EVP, Chief Commercial Officer Nancy Wysenski sold 5,000 shares of VRTX stock on 12/12/2011 at the average price of 28.9. Nancy Wysenski owns at least 27,935 shares after this. The price of the stock has increased by 28.17% since.
  • Director Joshua S Boger sold 4,946 shares of VRTX stock on 12/01/2011 at the average price of 29.23. Joshua S Boger owns at least 740,681 shares after this. The price of the stock has increased by 26.72% since.


For the complete insider trading history of VRTX, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial