Is Biogen Idec Inc. (BIIB) Going to Burn These Hedge Funds?

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Regeneron Pharmaceuticals Inc (NASDAQ:REGN) 22 0 18
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) 31 0 8
Amgen, Inc. (NASDAQ:AMGN) 36 0 10
Gilead Sciences, Inc. (NASDAQ:GILD) 63 1 4
Celgene Corporation (NASDAQ:CELG) 44 1 2

With the results demonstrated by the aforementioned tactics, retail investors must always keep an eye on hedge fund and insider trading sentiment, and Biogen Idec Inc. (NASDAQ:BIIB) is no exception.

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