Arena Pharmaceuticals Inc (ARNA) President and CEO Amit Munshi Sold $7 million of Shares

- By insider

President and CEO of Arena Pharmaceuticals Inc (30-Year Financial, Insider Trades) Amit Munshi (insider trades) sold 100,000 shares of ARNA on 08/31/2020 at an average price of $70.05 a share. The total sale was $7 million.


Arena Pharmaceuticals Inc is a biopharmaceutical company. The Company is engaged in discovering, developing and commercializing novel drugs that target G protein-coupled receptors, or GPCRs, to address unmet medical needs. Arena Pharmaceuticals Inc has a market cap of $4.02 billion; its shares were traded at around $69.82 with and P/S ratio of 775.75. GuruFocus has detected 3 severe warning signs with Arena Pharmaceuticals Inc. .

CEO Recent Trades:

  • President and CEO Amit Munshi sold 100,000 shares of ARNA stock on 08/31/2020 at the average price of $70.05. The price of the stock has decreased by 0.33% since.

Directors and Officers Recent Trades:

  • Director Tina Susan Nova sold 17,300 shares of ARNA stock on 08/26/2020 at the average price of $67.94. The price of the stock has increased by 2.77% since.

  • EVP, Chief Commercial Officer Robert Lisicki sold 30,000 shares of ARNA stock on 08/04/2020 at the average price of $63.34. The price of the stock has increased by 10.23% since.

For the complete insider trading history of ARNA, click here

.This article first appeared on GuruFocus.