$6.8M of LXRX bought by Raymond Debbane on 10/23/2012

Debbane Raymond purchased 3,000,000 shares of Lexicon Pharmaceuticals, Inc./de stock, or $6,750,000 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on October 23, 2012.

After the transaction, Debbane Raymond's stake was reported as 283,154,744 shares of Lexicon Pharmaceuticals, Inc./de stock.

As noted on October 25, 2012, Debbane Raymond's purchase was done indirectly through "See Footnote" over 1 transaction on October 23, 2012. The share price for the transaction was $2.25 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Debbane Raymond has sold no shares of Lexicon Pharmaceuticals, Inc./de stock. Over the same time period, Debbane Raymond has purchased 3,000,000 shares of Lexicon Pharmaceuticals, Inc./de, with a total cost of $6,750,000.

Let's take a quick, high-level look at insider trading at Lexicon Pharmaceuticals, Inc./de over the past 12 months. No shares of Lexicon Pharmaceuticals, Inc./de stock were sold by company insiders. Over the same time 12 month time period, 3,000,000 shares of Lexicon Pharmaceuticals, Inc./de, for a total value of $6,750,000 were purchased by company insiders.

To view the complete SEC Filing: Lexicon Pharmaceuticals, Inc./de Form 4 (Insider Trading) SEC Filing