Celgene Corp. (CELG) insider Robert J. Hugin Sells $11,000,000.00 in Stock

Celgene Corp. (NASDAQ:CELG) insider Robert J. Hugin sold 100,000 shares of the business’s stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $110.00, for a total transaction of $11,000,000.00. Following the completion of the sale, the insider now directly owns 1,022,201 shares of the company’s stock, valued at $112,442,110. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Celgene Corp. (NASDAQ:CELG) traded up 2.23% during mid-day trading on Monday, hitting $114.69. 6,628,225 shares of the stock were exchanged. The stock’s 50-day moving average price is $102.41 and its 200-day moving average price is $103.04. The company has a market cap of $89.65 billion and a P/E ratio of 48.47. Celgene Corp. has a 52-week low of $92.98 and a 52-week high of $133.59.

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