Monday, March 05, 2018 10:15 PM ET
Insider Makes Significant Stock buy in Amicus Therapeutics (FOLD) Shares Breaks neutral Trend of Last 90 Days
One Amicus Therapeutics insider — Perceptive Advisors Llc, 10% Owner — today, acquired 100,000 shares having a market value of approximately $1,369,000, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
The number of buy-sell trades for Amicus Therapeutics is close to that of the 121 member peer company average. The Pharmaceuticals peer group saw 67 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares per buy/sell trade transacted by Amicus Therapeutics insiders is higher. Within the peer group there were 2,129,599 shares purchased and 3,942,668 shares sold with company insiders selling 27,061 shares on average.
Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data sourced in evaluating and writing this story.
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