$2M of AKRX sold by John Sabat between 12/13/2012 - 12/14/2012

Sabat John R sold 156,827 shares of Akorn Inc stock, or $2,006,132 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between December 13, 2012 - December 14, 2012.

After the transaction, Sabat John R's stake was reported as 33,255 shares of Akorn Inc stock. In addition, Sabat John R performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on December 17, 2012, Sabat John R's sale was done directly over 7 transactions from December 13, 2012 to December 14, 2012. The share price ranged from $12.75 to $13.1 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Sabat John R has sold a total of 156,827 shares of Akorn Inc, proceeds from the sale totaled $2,006,132. Over the same time period, Sabat John R has purchased no shares of Akorn Inc stock. Sabat John R has also performed other transactions including exercise of options .

Let's take a quick, high-level look at insider trading at Akorn Inc over the past 12 months. A total of 4,315,028 shares of Akorn Inc stock was sold by insiders, totaling $52,991,500. Over the same time 12 month time period, 30,500 shares of Akorn Inc, for a total value of $416,811 were purchased by company insiders.

To view the complete SEC Filing: Akorn Inc Form 4 (Insider Trading) SEC Filing