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Medicines Company (MDCO) Chairman & CEO Clive Meanwell sells 181,500 Shares

May 04, 2010 | About:
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Chairman & CEO of Medicines Company (MDCO) Clive Meanwell sells 181,500 shares of MDCO on 05/03/2010 at an average price of $7.51 a share.

Medicines Company has a market cap of $410.8 million; its shares were traded at around $7.75 with and P/S ratio of 1.

MDCO is in the portfolios of Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Sell:: Chairman & CEO Clive Meanwell sold 6,863 shares of MDCO stock on 02/22/2010 at the average price of 7.4, the price of the stock has increased by 4.73% since.


CFO Recent Trades:


  • Sell:: Executive VP & CFO Glenn Sblendorio sold 1,914 shares of MDCO stock on 02/22/2010 at the average price of 7.4, the price of the stock has increased by 4.73% since.



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




Directors and Officers Recent Trades:


  • Sell:: VP, Chief Human Strategy Offic Leslie C Rohrbacker sold 345 shares of MDCO stock on 02/22/2010 at the average price of 7.4, the price of the stock has increased by 4.73% since.

  • Sell:: Chief Accounting Officer William Bernard O'connor sold 543 shares of MDCO stock on 02/22/2010 at the average price of 7.4, the price of the stock has increased by 4.73% since.

  • Sell:: Sr. VP & General Counsel Paul Michael Antinori sold 1,083 shares of MDCO stock on 02/22/2010 at the average price of 7.4, the price of the stock has increased by 4.73% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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


Rating: 3.5/5 (4 votes)

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