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Company Analysis

BIIB Insider Trading

BIOGEN INC. | Biological Products, (No Diagnostic Substances)

Comprehensive Trading Performance Summary

The investment history of corporate insiders at BIOGEN INC. 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 Biological Products, (No Diagnostic Substances) sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2017-04-27 23:23 2017-04-25 Clancy Paul J Officer - Executive VP and CFO SELL $290.00 9,892 $2,868,680 10,813 -47.8%
2017-04-04 23:18 2017-04-03 Sandrock Alfred Officer - EVP CMO Neuro & Neurodegenerat SELL $274.08 1,981 $542,952 7,060 -21.9%
2017-03-15 02:32 2017-03-13 Clancy Paul J Officer - Executive VP and CFO SELL $291.55 9,891 $2,883,721 20,705 -32.3%
2017-03-04 02:02 2017-03-01 Sandrock Alfred Officer - EVP CMO Neuro & Neurodegenerat SELL $290.07 973 $282,238 9,041 -9.7%
2017-03-02 00:18 2017-02-27 Vounatsos Michel Director, Officer - Chief Executive Officer BUY $285.39 1,333 $380,425 1,434 +1,320.7%
2017-01-11 00:15 2017-01-09 PANGIA ROBERT W Director OPT+S $295.39 5,450 $1,609,876 16,628 0.0%
2016-12-06 00:34 2016-12-01 Karaboutis Adriana Officer - EVP, Tech, Bus. Sol & Corp Aff SELL $296.53 48 $14,233 7,360 -0.6%
2016-10-05 23:24 2016-10-04 Karaboutis Adriana Officer - EVP, Tech, Bus. Sol & Corp Aff SELL $311.94 262 $81,728 7,579 -3.3%
2016-10-05 00:02 2016-10-03 Karaboutis Adriana Officer - EVP, Tech, Bus. Sol & Corp Aff OPT+S $313.00 380 $118,940 7,841 0.0%
2016-09-26 23:24 2016-09-22 DORSA CAROLINE Director OPT+S $314.00 27,570 $8,656,980 17,093 0.0%
2016-07-23 00:03 2016-07-21 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $280.00 157 $43,960 54,779 -0.3%
2016-06-07 23:09 2016-06-06 Koppel Adam Officer - EVP, Strategy and Bus. Dev. SELL $290.00 555 $160,950 2,402 -18.8%
2016-06-07 03:14 2016-06-03 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $290.00 842 $244,180 54,936 -1.5%
2016-06-02 23:39 2016-05-31 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $289.74 3,855 $1,116,962 55,778 -6.5%
2016-05-27 15:59 2016-05-25 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $280.00 157 $43,960 59,633 -0.3%
2016-05-05 00:03 2016-05-02 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $274.74 487 $133,798 59,790 -0.8%
2016-04-08 00:03 2016-04-06 Koppel Adam Officer - EVP, Strategy and Bus. Dev. SELL $275.00 102 $28,050 1,848 -5.2%
2016-04-08 00:01 2016-04-06 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $280.00 157 $43,960 60,277 -0.3%
2016-04-06 00:02 2016-04-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $258.83 487 $126,050 60,434 -0.8%
2016-03-04 00:36 2016-03-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $261.37 487 $127,287 60,921 -0.8%
2016-02-27 00:06 2016-02-25 Karaboutis Adriana Officer - EVP, Tech, Bus. Sol & Corp Aff SELL $261.90 84 $22,000 8,127 -1.0%
2016-02-27 00:08 2016-02-25 Sandrock Alfred Officer - EVP CMO Neuro & Neurodegenerat SELL $261.90 183 $47,928 7,990 -2.2%
2016-02-20 00:18 2016-02-17 Sandrock Alfred Officer - EVP CMO Neuro & Neurodegenerat SELL $256.16 722 $184,948 7,990 -8.3%
2016-02-20 00:20 2016-02-17 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $256.16 487 $124,750 59,848 -0.8%
2016-02-11 00:17 2016-02-09 Sandrock Alfred Officer - EVP CMO Neuro & Neurodegenerat OPT+S $246.54 852 $210,052 7,740 0.0%
2015-12-08 00:20 2015-12-04 Sandrock Alfred Officer - EVP CMO Neuro & Neurodegenerat SELL $277.00 441 $122,157 7,740 -5.4%
2015-12-04 00:19 2015-12-02 Karaboutis Adriana Officer - EVP, Tech. and Bus. Solutions SELL $289.14 48 $13,879 7,875 -0.6%
2015-10-27 02:03 2015-10-22 DENNER ALEXANDER J Director BUY $277.47 310,000 $86,014,987 310,000 +100.0%
2015-10-06 23:40 2015-10-05 Karaboutis Adriana Officer - EVP, Tech. and Bus. Solutions SELL $291.43 269 $78,395 8,094 -3.2%
2015-10-05 23:10 2015-10-02 Karaboutis Adriana Officer - EVP, Tech. and Bus. Solutions OPT+S $283.38 417 $118,169 8,363 0.0%
2015-07-28 00:03 2015-07-27 PAPADOPOULOS STELIOS Director BUY $304.88 10,000 $3,048,775 5,000 +100.0%
2015-06-23 23:14 2015-06-22 Posner Brian S Director SELL $415.00 470 $195,050 5,275 -8.2%
2015-06-22 23:15 2015-06-19 WILLIAMS DOUGLAS E Officer - EVP Research & Development SELL $410.00 3,841 $1,574,810 11,817 -24.5%
2015-06-17 01:54 2015-06-15 Posner Brian S Director SELL $386.64 400 $154,656 5,745 -6.5%
2015-06-02 23:10 2015-06-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $398.87 1,362 $543,261 41,090 -3.2%
2015-05-05 23:34 2015-05-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $377.52 1,362 $514,182 42,452 -3.1%
2015-04-02 23:29 2015-04-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $423.20 1,362 $576,398 43,814 -3.0%
2015-03-30 23:13 2015-03-27 Sandrock Alfred Officer - Grp SVP, Chief Medical Officer SELL $430.12 430 $184,952 8,574 -4.8%
2015-03-26 23:31 2015-03-25 Cox John Officer - EVP Pharmaceutical Oper & Tech OPT+S $449.06 12,010 $5,393,211 25,567 0.0%
2015-03-23 23:33 2015-03-20 Rowinsky Eric K Director OPT+S $475.00 11,667 $5,541,825 11,310 0.0%
2015-03-21 00:03 2015-03-19 Rowinsky Eric K Director OPT+S $436.14 2,333 $1,017,508 11,310 0.0%
2015-03-19 00:03 2015-03-17 Rowinsky Eric K Director OPT+S $425.45 4,667 $1,985,589 11,310 0.0%
2015-03-18 03:10 2015-03-16 DiPietro Kenneth Officer - EVP Human Resources SELL $415.46 803 $333,614 0 -100.0%
2015-03-17 03:39 2015-03-13 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $412.69 537 $221,613 45,176 -1.2%
2015-03-11 23:15 2015-03-09 Rowinsky Eric K Director OPT+S $417.23 4,666 $1,946,795 11,310 0.0%
2015-03-11 23:13 2015-03-10 PANGIA ROBERT W Director OPT+S $413.40 3,625 $1,498,578 14,873 0.0%
2015-03-11 23:17 2015-03-10 SHERWIN STEPHEN A Director OPT+S $409.67 6,000 $2,458,020 4,150 0.0%
2015-03-04 00:44 2015-03-02 Sandrock Alfred Officer - Grp SVP, Chief Medical Officer SELL $409.49 3,174 $1,299,715 9,004 -26.1%
2015-03-04 00:39 2015-03-02 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $410.67 825 $338,803 45,713 -1.8%
2015-02-21 00:28 2015-02-19 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $401.04 537 $215,358 46,538 -1.1%
SHOW ENTRIES

How to Interpret $BIIB Trades

Not every insider transaction in BIOGEN INC. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $BIIB 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 BIIB

Insider activity data for BIOGEN INC. 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 $BIIB, 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.