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The Co-Founder of BeiGene, Ltd. (NASDAQ:BGNE), John Oyler, Just Sold 100% Of Their Holding

Simply Wall St ·  Sep 25, 2022 08:45

Some BeiGene, Ltd. (NASDAQ:BGNE) shareholders may be a little concerned to see that the Co-Founder, John Oyler, recently sold a substantial US$3.8m worth of stock at a price of US$152 per share. That diminished their holding by a very significant 100%, which arguably implies a strong desire to reallocate capital.

View our latest analysis for BeiGene

BeiGene Insider Transactions Over The Last Year

Notably, that recent sale by John Oyler is the biggest insider sale of BeiGene shares that we've seen in the last year. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$139). So it may not shed much light on insider confidence at current levels.

BeiGene insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volumeNasdaqGS:BGNE Insider Trading Volume September 25th 2022

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of BeiGene

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. BeiGene insiders own 5.3% of the company, currently worth about US$765m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At BeiGene Tell Us?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BeiGene. You'd be interested to know, that we found 3 warning signs for BeiGene and we suggest you have a look.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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