$1.6M of MDSO sold by Tarek Sherif on 11/05/2012

Sherif Tarek sold 40,000 shares of Medidata Solutions, Inc stock, or $1,641,600 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on November 5, 2012.

After the transaction, Sherif Tarek's stake was reported as 761,502 shares of Medidata Solutions, Inc stock.

As noted on November 7, 2012, Sherif Tarek's sale was done directly over 1 transaction on November 5, 2012. The share price for the transaction was $41.04 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Sherif Tarek has sold a total of 40,000 shares of Medidata Solutions, Inc, proceeds from the sale totaled $1,641,600. Over the same time period, Sherif Tarek has purchased no shares of Medidata Solutions, Inc stock.

Let's take a quick, high-level look at insider trading at Medidata Solutions, Inc over the past 12 months. A total of 706,745 shares of Medidata Solutions, Inc stock was sold by insiders, totaling $21,459,887. Over the same time 12 month time period, no shares of Medidata Solutions, Inc were purchased by company insiders.

To view the complete SEC Filing: Medidata Solutions, Inc Form 4 (Insider Trading) SEC Filing