Insider Sale: CFO Julia Wang Sells Shares of BeiGene Ltd (BGNE)

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On June 24, 2024, Julia Wang, Chief Financial Officer of BeiGene Ltd (BGNE, Financial), executed a sale of 899 shares of the company at a price of $155.66 per share. This transaction was documented in an SEC Filing. Following this sale, the insider now owns 432,731 shares of BeiGene Ltd.

BeiGene Ltd (BGNE, Financial) is a global biotechnology company focused on developing molecularly targeted and immuno-oncology drugs for the treatment of cancer. The company aims to provide access to innovative, affordable medicines in order to improve treatment outcomes and access for patients worldwide.

Over the past year, Julia Wang has sold a total of 2,684 shares and has not purchased any shares. The insider transaction history for BeiGene Ltd shows a total of 15 insider sells and no insider buys over the past year.

Shares of BeiGene Ltd were trading at $155.66 on the day of the sale, giving the company a market cap of $16.497 billion. According to the GF Value, the stock has a price-to-GF-Value ratio of 0.35, indicating that it is a Possible Value Trap, Think Twice.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future estimates of business performance from Morningstar analysts.

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This insider sale may be of interest to investors tracking insider behaviors and the valuation metrics of BeiGene Ltd.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.