Healthcare Sector: Insiders Trading Company Shares

We’ve researched insiders who are bearish on these stocks in the Healthcare sector for the week ending December 23rd, 2011:

Richard T Burke who is Director at Unitedhealth Group, Inc. (NYSE:UNH), sold 10,000 shares on Dec 16 at $49.10 per share for a total value of $491,011. The shares recently traded at $51.35, up $2.35, or 4.8% since the insider sale. About the company: UnitedHealth Group Incorporated owns and manages organized health systems in the United States and internationally. The Company provides employers products and resources to plan and administer employee benefit programs. UnitedHealth also serves the health needs of older Americans, provides specialized care services, and provides health care information and research to providers and payers. Get the most recent company news and stock data here >>

Stephen A Sherwin who is Director at Biogen Idec Inc. (NASDAQ:BIIB), sold 2,500 shares on Dec 19 at $110.88 per share for a total value of $277,200. The shares recently traded at $110.79, up $0.8, or 0.73% since the insider sale. About the company: Biogen Idec Inc. develops, manufactures, and commercializes therapies, focusing on neurology, oncology, and immunology. The Company’s products addresses diseases such as multiple sclerosis, non-Hodgkin’s lymphoma, rheumatoid arthritis, crohn’s disease, and psoriasis. Get the most recent company news and stock data here >>

Elisha W Finney who is SVP, Finance and CFO at Varian Medical Systems Inc. (NYSE:VAR), sold 6,000 shares on Dec 20 at $64.95 per share for a total value of $389,700. The shares recently traded at $66.21, up $1.19, or 1.83% since the insider sale. About the company: Varian Medical Systems, Inc. designs, manufactures, sells, and services equipment and software products for treating cancer with radiotherapy, stereotactic radiosurgery and brachytherapy. The Company also supplies products that include x-ray tubes, linear accelerators, digital image detectors, image processing software and image detection products. Get the most recent company news and stock data here >>

Leanne M Zumwalt who is Vice President at DaVita, Inc. (NYSE:DVA), sold 4,307 shares on Dec 20 at $74.36 per share for a total value of $320,262. The shares recently traded at $76.49, up $1.81, or 2.42% since the insider sale. About the company: DaVita, Inc. provides dialysis services in the United States for patients suffering from chronic kidney failure. The Company treats patients through a network of owned and managed dialysis facilities in the continental United States. Get the most recent company news and stock data here >>

David E I Pyott who is Chairman, President and CEO at Allergan Inc. (NYSE:AGN), sold 66,754 shares on Dec 22 at $86.35 per share for a total value of $5,763,894. The shares recently traded at $87.42, up $0.74, or 0.85% since the insider sale. About the company: Allergan, Inc. is a multi-specialty health care company that discovers, develops and commercializes pharmaceuticals, biologics and medical devices. The Company develops products for the ophthalmic, neurological, medical aesthetics, medical dermatology, breast aesthetics, obesity intervention, urological and other specialty markets in countries around the world. Get the most recent company news and stock data here >>

David C Dvorak who is President and CEO at Zimmer Holdings, Inc. (NYSE:ZMH), sold 37,362 shares on Dec 22 at $52.81 per share for a total value of $1,973,046. The shares recently traded at $53.21, up $0.17, or 0.32% since the insider sale. About the company: Zimmer Holdings, Inc. designs, develops, manufactures, and markets orthopaedic and dental reconstructive implants, spinal implants, trauma products and related surgical products. The Company also provides other healthcare related services. Zimmer markets its products in the United States and other countries around the world. Get the most recent company news and stock data here >>

Miles D White who is Chairman and CEO at Abbott Laboratories (NYSE:ABT), sold 70,417 shares on Dec 22 at $55.38 per share for a total value of $3,899,550. The shares recently traded at $56.02, up $0.37, or 0.66% since the insider sale. About the company: Abbott Laboratories discovers, develops, manufactures, and sells a broad and diversified line of health care products and services. The Company’s products include pharmaceuticals, nutritional, diagnostics, and vascular products. Abbott markets its products worldwide through affiliates and distributors. Get the most recent company news and stock data here >>

Greg W Linder who is Vice President at Abbott Laboratories (NYSE:ABT), sold 75,203 shares on Dec 22 at $55.26 per share for a total value of $4,155,469. The shares recently traded at $56.02, up $0.37, or 0.66% since the insider sale. About the company: Abbott Laboratories discovers, develops, manufactures, and sells a broad and diversified line of health care products and services. The Company’s products include pharmaceuticals, nutritional, diagnostics, and vascular products. Abbott markets its products worldwide through affiliates and distributors. Get the most recent company news and stock data here >>

John W Kuo who is VP, Gen Counsel and Secretary at Varian Medical Systems Inc. (NYSE:VAR), sold 57,778 shares on Dec 22 at $65.56 per share for a total value of $3,788,064. The shares recently traded at $66.21, up $0.62, or 0.95% since the insider sale. About the company: Varian Medical Systems, Inc. designs, manufactures, sells, and services equipment and software products for treating cancer with radiotherapy, stereotactic radiosurgery and brachytherapy. The Company also supplies products that include x-ray tubes, linear accelerators, digital image detectors, image processing software and image detection products. Get the most recent company news and stock data here >>

Thomas C Zielinski who is Executive Vice President at Coventry Health Care Inc. (NYSE:CVH), sold 86,667 shares on Dec 22 at $31.14 per share for a total value of $2,698,637. The shares recently traded at $31.47, up $0.42, or 1.35% since the insider sale. About the company: Coventry Health Care, Inc. is a managed health care company operating health plans and insurance companies under a variety of names. The Company provides health maintenance organization, preferred provider organization, point of service, Medicare and Medicaid, and Network Rental to members in markets throughout the Midwest, Mid-Atlantic, and Southeast United States. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from publicly available SEC filings. All data are assumed to be accurate.)

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