Bvf Partners L P/Il who is 10% Owner at Ligand Pharmaceuticals sold 422,900 shares at $73.81 on Feb. 20, 2014. Following this transaction, the 10% Owner owned 79,390 shares meaning that the stake was reduced by 84.19% with the 422,900-share transaction.
Nice sale, $32million. Not sure when they purchased, but if it were back in June 2013. They doubled their money.. Sweet..