Arena Pharmaceuticals, Inc. (ARNA): Hedge Funds Are Bullish and Insiders Are Bearish, What Should You Do?

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Charles River Laboratories (NYSE:CRL) 21 0 8
Synageva BioPharma Corp (NASDAQ:GEVA) 7 3 5
Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) 17 1 6
Viropharma Inc (NASDAQ:VPHM) 16 1 4
Questcor Pharmaceuticals Inc (NASDAQ:QCOR) 26 0 2

With the returns exhibited by Insider Monkey’s time-tested strategies, retail investors must always pay attention to hedge fund and insider trading sentiment, and Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) applies perfectly to this mantra.

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