Hedge Funds Are Betting On Momenta Pharmaceuticals, Inc. (MNTA) – Avanir Pharmaceuticals, Inc. (AVNR), Hi-Tech Pharmacal Co. (HITK)

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Akorn, Inc. (NASDAQ:AKRX) 10 1 5
Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) 4 1 2
Hi-Tech Pharmacal Co. (NASDAQ:HITK) 11 0 5
Sagent Pharmaceuticals Inc (NASDAQ:SGNT) 11 0 1
Ligand Pharmaceuticals Inc. (NASDAQ:LGND) 5 6 1

With the returns demonstrated by the aforementioned strategies, retail investors should always monitor hedge fund and insider trading activity, and Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) shareholders fit into this picture quite nicely.

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