This Biogen Idec Inc. (BIIB) Data is Screaming ‘Buy, Buy, Buy’

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Regeneron Pharmaceuticals Inc (NASDAQ:REGN) 33 0 17
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) 31 0 9
Amgen, Inc. (NASDAQ:AMGN) 40 0 9
Gilead Sciences, Inc. (NASDAQ:GILD) 75 1 6
Celgene Corporation (NASDAQ:CELG) 43 1 5

Using the results demonstrated by the previously mentioned research, regular investors must always pay attention to hedge fund and insider trading sentiment, and Biogen Idec Inc. (NASDAQ:BIIB) is an important part of this process.

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