Stephen A. Sherwin, Director at BIOGEN IDEC INC. (BIIB), sold 2,500 shares at $126.45 ($316K) on 2012-06-04, disclosed to the SEC on 2012-06-05.
Scheduled sale ($316k) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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