1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
David Goodloe
David Goodloe
Articles (756) 

Alexion CEO Receives Nearly $17 Million for Sale of Company Stock

August 14, 2014 | About:

The CEO of Alexion Pharmaceuticals Inc (NASDAQ:ALXN), Leonard Bell, sold more than 100,000 shares of company stock Wednesday for nearly $17 million. At a price of $160.71 per share, the sale of 105,000 shares of company stock brought $16,874,551.

Also on Wednesday, Alexion researchers said new data from several studies of asfotase alfa in pediatric patients with hypophosphatasia (HPP), a rare bone disease, will be presented at the American Society for Bone and Mineral Research’s annual meeting in Houston, Texas, in September.

Based in Delaware, the biopharmaceutical company was founded by Dr. Bell and incorporated in 1992. It serves patients with severe and ultra-rare disorders through the development and commercialization of life-altering therapeutic products. “No is a word they’ve heard too often,” the company’s website says of the patients who are helped by Alexion.

Before founding Alexion, Dr. Bell was an attending physician at Yale-New Haven Hospital and assistant professor of medicine and pathology at the Yale University School of Medicine, his alma mater. He is still on the faculty, as an adjunct assistant professor of medicine and pathology, of the Yale School of Medicine.

Last month Alexion reported a 38% increase in second-quarter sales over the same period in 2013. It also reported a 74% in GAAP net income and a 56% increase in non-GAAP net income in the second quarter of 2014.

  • 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

About the author:

David Goodloe
I'm a journalist by training. I grew up in Arkansas and earned my B.A. at the University of Arkansas. I earned my master's degree at the University of North Texas. My background includes stints at newspapers in Arkansas and Texas and teaching news writing and news editing to students at the University of Oklahoma and Richland College here in Dallas. I'm a writer/editor at GuruFocus.

Rating: 0.0/5 (0 votes)


Please leave your comment:

GuruFocus has detected 3 Warning Signs with Alexion Pharmaceuticals Inc $ALXN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by David Goodloe

User Generated Screeners

star1907Good company's
star1907Best dividends charlie
cspunarSpunar Div
patelmhMY VALUE
rael2222prova dcf
liuzishuoverwrite 'Dividend Initiation
liuzishuDividend Initiation
pbarker46Dividend Growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat