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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, %
2013-09-18 23:26 2013-09-16 Pawlicki Raymond Officer - SVP, Chief Information Officer OPT+S $238.03 4,000 $952,120 8,710 0.0%
2013-09-18 23:34 2013-09-16 Clancy Paul J Officer - Executive VP and CFO OPT+S $238.27 99,030 $23,596,314 7,087 0.0%
2013-09-18 23:31 2013-09-17 Holtzman Steven H Officer - EVP Corporate Development SELL $238.98 3,501 $836,669 4,885 -41.7%
2013-09-13 21:33 2013-09-11 SCHENK LYNN Director SELL $235.25 900 $211,726 3,325 -21.3%
2013-09-04 23:52 2013-09-03 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $214.40 2,239 $480,042 43,522 -4.9%
2013-08-28 19:30 2013-08-26 WILLIAMS DOUGLAS E Officer - EVP Research & Development SELL $211.35 4,368 $923,168 4,571 -48.9%
2013-08-02 17:55 2013-08-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $218.82 2,239 $489,938 45,761 -4.7%
2013-07-18 18:24 2013-07-16 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $223.94 2,239 $501,402 48,000 -4.5%
2013-06-17 22:46 2013-06-14 DENNER ALEXANDER J Director SELL $212.00 2,900 $614,800 6,325 -31.4%
2013-06-13 23:23 2013-06-11 Posner Brian S Director SELL $219.62 2,020 $443,632 8,130 -19.9%
2013-06-13 23:27 2013-06-11 PAPADOPOULOS STELIOS Director SELL $219.62 2,020 $443,632 12,930 -13.5%
2013-06-11 22:55 2013-06-10 SCHENK LYNN Director SELL $225.82 2,000 $451,633 2,920 -40.7%
2013-06-04 22:29 2013-06-03 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $234.16 1,598 $374,188 48,911 -3.2%
2013-06-04 22:26 2013-06-03 SHERWIN STEPHEN A Director OPT+S $233.26 12,825 $2,991,606 2,655 0.0%
2013-05-30 00:16 2013-05-28 Mulligan Richard Director OPT+S $240.69 37,975 $9,140,100 2,020 0.0%
2013-05-30 00:15 2013-05-28 DENNER ALEXANDER J Director OPT+S $240.57 37,975 $9,135,699 4,920 0.0%
2013-05-30 00:12 2013-05-28 PANGIA ROBERT W Director SELL $237.23 5,900 $1,399,657 12,698 -31.7%
2013-05-03 22:07 2013-05-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $215.39 1,598 $344,193 50,509 -3.1%
2013-05-01 22:45 2013-04-29 Clancy Paul J Officer - Executive VP and CFO SELL $222.75 23,612 $5,259,507 7,087 -76.9%
2013-04-02 20:23 2013-04-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $193.66 1,598 $309,469 52,107 -3.0%
2013-03-25 21:20 2013-03-22 Mulligan Richard Director SELL $176.88 2,900 $512,952 2,020 -58.9%
2013-03-25 21:18 2013-03-22 SHERWIN STEPHEN A Director SELL $176.88 1,500 $265,320 2,655 -36.1%
2013-03-19 22:15 2013-03-18 Posner Brian S Director SELL $174.81 4,500 $786,645 10,150 -30.7%
2013-03-13 21:56 2013-03-13 Mulligan Richard Director SELL $175.38 7,980 $1,399,527 4,920 -61.9%
2013-03-12 21:22 2013-03-11 PAPADOPOULOS STELIOS Director OPT+S $172.26 46,675 $8,040,002 14,950 0.0%
2013-03-05 00:40 2013-03-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $165.30 1,598 $264,149 53,705 -2.9%
2013-02-14 22:59 2013-02-13 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $163.39 1,598 $261,097 55,303 -2.8%
2013-02-07 21:55 2013-02-06 Pawlicki Raymond Officer - SVP, Chief Information Officer OPT+S $165.55 10,000 $1,655,500 7,653 0.0%
2013-02-07 21:58 2013-02-06 PANGIA ROBERT W Director OPT+S $165.55 2,500 $413,875 18,598 0.0%
2012-12-28 18:15 2012-12-26 DENNER ALEXANDER J Director SELL $148.62 7,980 $1,186,000 4,920 -61.9%
2012-11-02 22:49 2012-11-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $139.42 2,472 $344,640 51,670 -4.6%
2012-10-02 20:10 2012-10-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $149.16 3,654 $545,031 54,142 -6.3%
2012-09-19 00:26 2012-09-17 PANGIA ROBERT W Director OPT+S $155.00 5,000 $775,000 18,598 0.0%
2012-09-10 21:20 2012-09-06 PANGIA ROBERT W Director OPT+S $150.00 5,000 $750,000 18,598 0.0%
2012-09-05 22:17 2012-09-04 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $145.90 3,654 $533,119 57,796 -5.9%
2012-09-05 22:20 2012-09-04 SHERWIN STEPHEN A Director SELL $145.90 2,000 $291,800 4,155 -32.5%
2012-08-03 18:12 2012-08-02 ALEXANDER SUSAN H Officer - EVP, General Counsel SELL $142.99 1,165 $166,583 9,020 -11.4%
2012-08-02 22:24 2012-08-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $146.30 3,655 $534,727 61,450 -5.6%
2012-07-30 21:58 2012-07-27 ALEXANDER SUSAN H Officer - EVP, General Counsel OPT+S $150.00 58,070 $8,710,500 10,185 0.0%
2012-07-18 22:35 2012-07-17 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $146.04 2,472 $361,011 65,105 -3.7%
2012-07-03 17:40 2012-07-02 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $143.50 1,183 $169,761 63,917 -1.8%
2012-06-21 18:41 2012-06-19 Pawlicki Raymond Officer - SVP, Chief Information Officer OPT+S $143.00 10,000 $1,430,000 7,653 0.0%
2012-06-18 20:53 2012-06-15 ALEXANDER SUSAN H Officer - EVP, General Counsel OPT+S $140.00 49,800 $6,972,000 10,185 0.0%
2012-06-18 20:50 2012-06-15 PANGIA ROBERT W Director OPT+S $140.00 5,000 $700,000 18,598 0.0%
2012-06-11 18:22 2012-06-07 Posner Brian S Director OPT+S $135.00 2,500 $337,500 12,630 0.0%
2012-06-05 22:39 2012-06-04 Pawlicki Raymond Officer - SVP, Chief Information Officer SELL $126.45 1,068 $135,049 7,653 -12.2%
2012-06-05 22:41 2012-06-04 Posner Brian S Director OPT+S $126.45 2,400 $303,480 12,630 0.0%
2012-06-05 22:45 2012-06-04 PANGIA ROBERT W Director OPT+S $130.00 5,000 $650,000 16,578 0.0%
2012-06-05 22:43 2012-06-04 SHERWIN STEPHEN A Director SELL $126.45 2,500 $316,125 4,135 -37.7%
2012-06-04 23:26 2012-06-01 SCANGOS GEORGE A Director, Officer - Chief Executive Officer SELL $128.63 1,183 $152,169 65,100 -1.8%
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.