Arena Pharmaceuticals Inc (ARNA) President and CEO Amit Munshi Sold $8 million of Shares

- By insider

President and CEO of Arena Pharmaceuticals Inc (30-Year Financial, Insider Trades) Amit Munshi (insider trades) sold 100,000 shares of ARNA on 01/19/2021 at an average price of $80.19 a share. The total sale was $8 million.

• Warning! GuruFocus has detected 6 Warning Signs with ARNA. Click here to check it out.

• ARNA 15-Year Financial Data

• The intrinsic value of ARNA

• Peter Lynch Chart of ARNA

Arena Pharmaceuticals Inc is a biopharmaceutical company. The Company is engaged in discovering, developing and commercializing novel drugs that target G protein-coupled receptors, or GPCRs, to address unmet medical needs. Arena Pharmaceuticals Inc has a market cap of $4.72 billion; its shares were traded at around $81.220000 with and P/S ratio of 1289.19. GuruFocus has detected 3 severe warning signs with Arena Pharmaceuticals Inc. .

CEO Recent Trades:

• President and CEO Amit Munshi sold 100,000 shares of ARNA stock on 01/19/2021 at the average price of $80.19. The price of the stock has increased by 1.28% since.

• President and CEO Amit Munshi sold 14,877 shares of ARNA stock on 01/12/2021 at the average price of $75.12. The price of the stock has increased by 8.12% since.

Directors and Officers Recent Trades:

• Director Jayson Donald Alexander Dallas sold 1,327 shares of ARNA stock on 01/19/2021 at the average price of $80.5. The price of the stock has increased by 0.89% since.

For the complete insider trading history of ARNA, click here

.This article first appeared on GuruFocus.