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Company Analysis

ARNA Insider Trading

ARNA | Market Equity

Comprehensive Trading Performance Summary

The investment history of corporate insiders at ARNA provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Market Equity sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2014-01-14 04:45 2014-01-09 BELCHER DONALD D Director OPT+S $6.15 30,000 $184,500 68,728 0.0%
2014-01-14 04:46 2014-01-09 BICE SCOTT H Director OPT+S $6.10 25,000 $152,500 23,628 0.0%
2014-01-14 04:44 2014-01-09 SPECTOR STEVEN W Officer - EVP, General Counsel & Sec OPT+S $6.10 33,334 $203,337 101,794 0.0%
2014-01-14 04:43 2014-01-10 BEHAN DOMINIC P Director, Officer - EVP & Chief Scientific Officer OPT+S $6.25 33,332 $208,325 483,000 0.0%
2013-11-14 03:46 2013-11-12 SPECTOR STEVEN W Officer - EVP, General Counsel & Sec OPT+S $5.19 20,000 $103,710 71,420 0.0%
2013-09-12 03:34 2013-09-10 BEHAN DOMINIC P Director, Officer - EVP & Chief Scientific Officer OPT+S $6.31 200,000 $1,261,020 453,000 0.0%
2013-09-07 02:13 2013-09-05 SPECTOR STEVEN W Officer - EVP, General Counsel & Sec OPT+S $6.54 20,000 $130,726 71,046 0.0%
2013-05-22 03:16 2013-05-21 Audet Craig Michael Officer - SVP, Opn & Head Glob Reg Afrs OPT+S $8.00 83,750 $670,000 15,000 0.0%
2013-04-04 01:29 2013-04-01 HOFFMAN ROBERT Officer - SVP, Finance and CFO OPT+S $8.21 71,250 $585,126 19,570 0.0%
2012-10-03 03:13 2012-10-01 HOFFMAN ROBERT Officer - SVP, Finance and CFO OPT+S $8.32 50,000 $415,980 3,382 0.0%
2012-07-10 03:10 2012-07-05 HOFFMAN ROBERT Officer - SVP, Finance and CFO SELL $11.00 10,000 $110,000 2,763 -78.4%
2012-07-04 02:51 2012-07-02 SPECTOR STEVEN W Officer - EVP, General Counsel & Sec OPT+S $9.99 156,665 $1,565,303 39,588 0.0%
2012-03-31 02:13 2012-03-29 Bielasz Jennifer Kathleen Officer - Sr.Dir. of Acct. & Cont. (PAO) OPT+S $3.03 10,800 $32,697 4,800 0.0%
2012-02-08 04:09 2012-02-01 Bielasz Jennifer Kathleen Officer - Sr.Dir. of Acct. & Cont. (PAO) BUY $1.90 30 $57 30 +100.0%
2009-05-15 03:22 2009-05-14 White Christine Anna Director BUY $2.67 20,000 $53,492 20,000 +100.0%
2009-05-15 03:16 2009-05-14 BICE SCOTT H Director BUY $2.67 3,800 $10,146 4,900 +345.5%
2009-05-15 03:15 2009-05-14 BELCHER DONALD D Director BUY $2.62 35,000 $91,700 50,000 +233.3%
2009-05-15 03:20 2009-05-14 HIXSON HARRY F JR Director BUY $2.67 60,000 $160,440 90,000 +200.0%
2009-05-15 03:19 2009-05-14 WOODS RANDALL E Director BUY $2.75 1,000 $2,750 1,000 +100.0%
2009-05-15 03:10 2009-05-14 LAFORCE JAMES Director BUY $2.74 3,500 $9,588 13,500 +35.0%
2008-09-03 00:34 2008-09-02 HOFFMAN ROBERT Officer - VP, Finance and CFO SELL $6.16 10,000 $61,605 57,254 -14.9%
2008-06-11 02:37 2008-06-10 HIXSON HARRY F JR Director BUY $4.69 20,000 $93,740 30,000 +200.0%
2008-05-23 02:02 2008-05-21 SCHNEIDER PHILLIP M Director BUY $5.04 10,000 $50,440 10,000 +100.0%
2008-05-13 22:41 2008-05-13 BELCHER DONALD D Director BUY $5.18 10,000 $51,800 15,000 +200.0%
2008-05-13 22:15 2008-05-13 LAFORCE JAMES Director BUY $5.18 10,000 $51,800 10,000 +100.0%
2007-10-24 00:22 2007-10-19 Flynn James E 10% owner SELL $10.51 25,000 $262,685 3,238,908 -0.8%
2007-10-03 02:50 2007-10-01 SPECTOR STEVEN W Officer - SVP, General Counsel & Sec SELL $11.00 10,000 $110,000 53,852 -15.7%
2007-09-27 02:34 2007-09-26 SCOTTI LOUIS J Officer - VP, Marketing and Business Dev SELL $11.59 5,000 $57,950 27,324 -15.5%
2007-03-17 02:09 2007-03-15 BEHAN DOMINIC P Director, Officer - SVP & Chief Scientific Officer OPT+S $11.20 58,552 $655,876 317,500 0.0%
2007-03-16 02:53 2007-03-14 SCOTTI LOUIS J Officer - VP, Marketing and Business Dev SELL $11.32 5,000 $56,622 31,757 -13.6%
2006-08-02 02:53 2006-08-01 SCOTTI LOUIS J Officer - VP, Marketing and Business Dev SELL $10.37 10,000 $103,730 36,757 -21.4%
2006-08-02 02:55 2006-07-31 HOFFMAN ROBERT Officer - VP, Finance and CFO OPT+S $10.46 7,500 $78,475 66,714 0.0%
2006-03-08 04:57 2006-03-06 AJIT-SIMH K A Officer - VP, Quality Systems OPT+S $19.38 10,000 $193,823 1,179 0.0%
2005-09-27 18:11 2005-09-26 BICE SCOTT H Director BUY $8.98 1,100 $9,878 1,100 +100.0%
2005-09-21 22:12 2005-09-21 HIXSON HARRY F JR Director BUY $8.96 10,000 $89,600 10,000 +100.0%
2004-07-10 00:50 2004-07-07 BVF PARTNERS L P/IL 10% owner, Other SELL $5.10 828,088 $4,219,191 994,851 -45.4%
2004-07-06 22:04 2004-07-01 BVF PARTNERS L P/IL 10% owner, Other SELL $5.42 95,000 $514,900 1,395,351 -6.4%
2004-07-01 22:58 2004-06-29 BVF PARTNERS L P/IL 10% owner, Other SELL $5.31 71,000 $376,797 1,441,351 -4.7%
2004-06-29 23:43 2004-06-28 BVF PARTNERS L P/IL 10% owner, Other SELL $5.32 54,000 $287,010 1,476,351 -3.5%
2004-06-22 20:55 2004-06-18 BVF PARTNERS L P/IL 10% owner, Other SELL $5.52 6,000 $33,114 1,502,351 -0.4%
2004-06-18 15:03 2004-06-16 BVF PARTNERS L P/IL 10% owner, Other SELL $5.40 104,000 $561,600 1,505,351 -6.5%
2004-03-25 00:25 2004-03-22 SCOTTI LOUIS J Officer - VP, Marketing and Business Dev SELL $6.40 15,000 $95,976 46,757 -24.3%
2004-03-25 00:27 2004-03-23 BELCHER DONALD D Director BUY $6.30 5,000 $31,496 5,000 +100.0%
2003-10-22 01:21 2003-10-17 LAMPERT MARK N Director, 10% owner SELL $7.69 2,911,000 $22,385,590 4,520,212 -39.2%
SHOW ENTRIES

How to Interpret $ARNA Trades

Not every insider transaction in ARNA is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $ARNA shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for ARNA

Insider activity data for ARNA is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $ARNA, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.