CEO of Alexion Pharmaceuticals Inc. (NASDAQ:ALXN) Leonard Bell sold 140,000 shares on Aug. 16, 2013 at an average price of $106.08. The total transaction amount was $14,851,200.
Leonard Bell, currently the CEO of Alexion Pharmaceuticals Inc., was the primary founder of this company. Before founding Alexion Pharmaceuticals, Mr. Bell worked at Yale University as an assistant professor of medicine and pathology and a co-director of the program in vascular biology.
CEO Leonard Bell also sold 287,989 shares during May, July, and the beginning of August. CFO and EVP Vikas Sinha also sold 51,847 shares during July and August. Other officers and directors sold shares as well.
GuruFocus Guru Frank Sands kept his position in ALXN unchanged. He still owns 8,424,567 shares as of June 30, 2013. On the other hand, Andreas Halvorsen reduced his position in Alexion Pharmaceuticals Inc. by 41.4% and owns 5,544,949.
Alexion Pharmaceuticals Inc. reported its 2013 second quarter financial results with revenues of $274.7 million and net income of $36.3 million.