The EVP & GC of BioMarin (BMRN) is Selling Shares


Today, the EVP & GC of BioMarin (NASDAQ: BMRN), George Eric Davis, sold shares of BMRN for $220.4K.

In addition to George Eric Davis, 4 other BMRN executives reported Sell trades in the last month.

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Based on BioMarin’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $377 million and GAAP net loss of $16.79 million. In comparison, last year the company earned revenue of $316 million and had a GAAP net loss of $36.83 million. Currently, BioMarin has an average volume of 1.28M.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $117.33, reflecting a 17.8% upside.

The insider sentiment on BioMarin has been negative according to 118 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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BioMarin Pharmaceutical, Inc. is a biotechnology company, which develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its products include BioMarin, Brineura, Firdapse, Kuvan, Naglazyme, and Vimizim.

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