Insider Trading Alert - BIIB, FDS And GCO Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, June 23, 2014, 58 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $300.00 to $14,156,086.00.

Highlighted Stocks Traded by Insiders:

Biogen Idec (BIIB) - FREE Research Report

Posner Brian S, who is Director at Biogen Idec, sold 605 shares at $315.00 on June 23, 2014. Following this transaction, the Director owned 6,000 shares meaning that the stake was reduced by 9.16% with the 605-share transaction.

The shares most recently traded at $316.45, up $1.45, or 0.46% since the insider transaction. Historical insider transactions for Biogen Idec go as follows:

  • 4-Week # shares sold: 484
  • 12-Week # shares sold: 10,172
  • 24-Week # shares sold: 83,049

The average volume for Biogen Idec has been 1.5 million shares per day over the past 30 days. Biogen Idec has a market cap of $75.8 billion and is part of the health care sector and drugs industry. Shares are up 12.12% year-to-date as of the close of trading on Monday.

Biogen Idec Inc. discovers, develops, manufactures, and markets therapies for the treatment of multiple sclerosis (MS), neurodegenerative diseases, hemophilia, and autoimmune disorders in the United States and internationally. The company has a P/E ratio of 39.8. Currently, there are 13 analysts who rate Biogen Idec a buy, no analysts rate it a sell, and 5 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on BIIB - FREE

TheStreet Quant Ratings rates Biogen Idec as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Biogen Idec Ratings Report from TheStreet Quant Ratings now.

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