Management Trust I. Rho, 10% Owner at Vanda Pharmaceuticals Inc. (VNDA), sold 13,474 shares at $11.79 ($159K) on 2006-11-06, disclosed to the SEC on 2006-11-09.
Open-market sale of $159k VNDA 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.