Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
PDL BIOPHARMA, INC. (PDLI)
Sector: Healthcare; Industry: Biotechnology

PDL BioPharma, Inc. acquires, manages, and commercializes commercial stage pharmaceutical assets and late clinical stage pharmaceutical products in North America, Europe, Asia, and internationally. The company operates through Medical Devices, Strategic Positions, Pharmaceutical, and Income Generating Assets segments. The Pharmaceutical segment manufactures, markets, and sells prescription medicine products for the treatment of hypertension to wholesalers under the Tekturna and Tekturna HCT names in the United States, as well as under the Rasilez and Rasilez HCT names internationally. The company was formerly known as Protein Design Labs, Inc. and changed its name to PDL BioPharma, Inc. in 2006.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-12-30 Silver Point Capital L.P. 10%-Owner Buy 6,325,213 $2.50 $15,813,032 No
2020-12-30 GRYSKA DAVID W Director Sell 20,000 $2.74 $54,800 No
2020-12-29 Silver Point Capital L.P. 10%-Owner Buy 631,600 $2.69 $1,696,234 No
2020-12-23 Silver Point Capital L.P. 10%-Owner Buy 1,565,000 $2.60 $4,067,400 No
2020-12-22 MCLAUGHLIN JOHN PETER Director Sell 327,934 $2.61 $855,774 No
2020-12-17 Silver Point Capital L.P. 10%-Owner Buy 1,748,000 $2.59 $4,521,780 No
2020-12-16 Stone Christopher Lewis VP, Gen. Counsel & Secretary Sell 200,000 $2.56 $512,000 No
2020-12-16 Monnet Dominique President and CEO Sell 500,000 $2.60 $1,300,000 No
2020-12-16 GRYSKA DAVID W Director Sell 75,000 $2.68 $201,000 No
2020-12-15 Silver Point Capital L.P. 10%-Owner Buy 2,090,000 $2.57 $5,369,300 No
2020-12-03 GRYSKA DAVID W Director Sell 75,000 $2.52 $189,000 No
2020-11-23 O'Farrell Elizabeth G. Director Sell 25,826 $2.44 $63,015 No
2020-11-23 GRYSKA DAVID W Director Sell 50,000 $2.43 $121,500 No
2020-11-18 O'Farrell Elizabeth G. Director Sell 63,291 $2.38 $150,696 No
2020-11-20 Bazaar Alan Lee Director Sell 33,435 $2.42 $81,003 Yes
2020-11-18 GRYSKA DAVID W Director Sell 150,000 $2.40 $359,500 No
2019-06-10 PDL BIOPHARMA, INC. 10%-Owner Buy 6,666,667 $4.50 $30,000,002 Yes
2017-03-24 GARCIA PETER S Vice President, CFO Buy 25,000 $1.98 $49,401 No
2016-08-09 GARCIA PETER S Vice President, CFO Buy 10,000 $3.00 $29,950 No
2015-12-15 GARCIA PETER S Vice President, CFO Buy 15,000 $3.50 $52,444 No
2015-12-07 Pietzke Steffen Controller and CAO Buy 20,590 $3.64 $74,931 No
2015-08-14 GARCIA PETER S Vice President, CFO Buy 20,000 $5.83 $116,502 No
2014-11-26 SELICK HAROLD E Director Buy 6,000 $8.08 $48,487 No
2011-03-15 Lindell Jody S Director Buy 374 $5.33 $1,992 No
2010-05-14 LARSON CHRISTINE R Vice President and CFO Buy 5,000 $5.71 $28,544 No
2010-04-30 LARSON CHRISTINE R Vice President and CFO Buy 10,000 $6.18 $61,830 No
2009-11-04 KLEIN JOSEPH III Director Sell 24,000 $8.33 $199,815 Yes
2009-06-15 Lindell Jody S Director Buy 3,000 $7.76 $23,280 No
2009-04-08 SANDMAN PAUL W Director Buy 10,000 $7.38 $73,822 No
2009-04-08 SANDMAN PAUL W Director Buy 10,000 $7.38 $73,822 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.