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Ligand Pharmaceuticals Inc (LGND) President and COO Matthew W Foehr Sold $7.9 million of Shares

GuruFocus.com
·1 min read

- By insider

President and COO of Ligand Pharmaceuticals Inc (30-Year Financial, Insider Trades) Matthew W Foehr (insider trades) sold 44,547 shares of LGND on 02/04/2021 at an average price of $176.86 a share. The total sale was $7.9 million.


Ligand Pharmaceuticals Inc is a biopharmaceutical company. Its business model is based upon the concept of acquiring royalty revenue generating assets and coupling them with a lean corporate cost structure. Ligand Pharmaceuticals Inc has a market cap of $3.26 billion; its shares were traded at around $203.030000 with and P/S ratio of 17.98. Ligand Pharmaceuticals Inc had annual average EBITDA growth of 105.40% over the past five years. GuruFocus has detected 1 severe warning sign with Ligand Pharmaceuticals Inc. .

CEO Recent Trades:

  • CEO John L Higgins sold 90,000 shares of LGND stock on 01/27/2021 at the average price of $169.22. The price of the stock has increased by 19.98% since.

Directors and Officers Recent Trades:

  • SVP, Gen. Counsel & Secretary Charles S Berkman sold 18,097 shares of LGND stock on 02/04/2021 at the average price of $178.5. The price of the stock has increased by 13.74% since.

  • President and COO Matthew W Foehr sold 44,547 shares of LGND stock on 02/04/2021 at the average price of $176.86. The price of the stock has increased by 14.8% since.

For the complete insider trading history of LGND, click here

.This article first appeared on GuruFocus.