Recently, various executives have taken part in insider selling activity for the stocks of Bank of America Corp (NYSE:BAC), QUALCOMM, Inc. (NASDAQ:QCOM), Celldex Therapeutics, Inc. (NASDAQ:CLDX), and Receptos Inc (NASDAQ:RCPT).
Bank of America Corp
Chairman & CEO Brian Moynihan unloaded 17,747 Bank of America shares, valued at $310,395, in a transaction dated June 13. Moynihan now holds 774,284 of the company’s shares.
President Derek Aberle dumped 14,794 Qualcomm shares (23.50% of total stake), valued at $981,434, in a transaction dated June 15. The shares were sold via automatic sale program. Aberle now holds 48,168 of the company’s shares that are valued at $3,212,324.
Celldex Therapeutics, Inc.
SVP & CFO Avery Catlin disposed of 25,000 Celldex Therapeutics shares (50% of total stake), valued at $614,752, on June 15. The shares were sold via automatic sale program. Catlin now holds 24,609 of the company’s shares that are valued at $603,659.
Director Edward Torres indirectly disposed of 220,000 Receptos Inc shares, valued at $39,378,188, in three transactions dated June 12 to 16. Torres now holds directly and indirectly 672,961 of the company’s shares.