Pharmaceuticals Ltd Cadila, 10% Owner at NOVAVAX INC (NVAX), sold 3,000,000 shares at $5.17 ($14.8M) on 2014-03-19, disclosed to the SEC on 2014-03-21.
Open-market sale of $14.8M NVAX by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.17 | 1,000,000 | $5.2M | 34.8% |
| 2 | $4.99 | 1,000,000 | $5.0M | 33.6% |
| 3 | $4.69 | 1,000,000 | $4.7M | 31.6% |
| Total | $4.95 avg | 3,000,000 | $14.8M | 100% |