Herbert W. Ph D. Boyer, Director at ALLERGAN INC (AGN), sold 120,000 shares at $81.15 ($9.7M) on 2011-05-09, disclosed to the SEC on 2011-05-10.
Seasonal sale ($9.7M) by Director — this insider has traded AGN in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $80.97 | 58,200 | $4.7M | 48.5% |
| 2 | $80.99 | 50,400 | $4.1M | 42.0% |
| 3 | $81.15 | 11,400 | $925K | 9.5% |
| Total | $81.00 avg | 120,000 | $9.7M | 100% |