$5.2M of TRGT bought by Bvf Investments LLC between 11/14/2012 - 11/16/2012

Bvf Investments LLC purchased 1,290,212 shares of Targacept Inc stock, or $5,242,308 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between November 14, 2012 - November 16, 2012.

After the transaction, Bvf Investments LLC's stake was reported as 2,646,619 shares of Targacept Inc stock.

As noted on November 19, 2012, Bvf Investments LLC's purchase was done indirectly through "See Explanation of Responses" over 4 transactions from November 14, 2012 to November 16, 2012. The share price ranged from $4 to $5.11 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Bvf Investments LLC has sold no shares of Targacept Inc stock. Over the same time period, Bvf Investments LLC has purchased 1,290,212 shares of Targacept Inc, with a total cost of $5,242,308.

Let's take a quick, high-level look at insider trading at Targacept Inc over the past 12 months. No shares of Targacept Inc stock were sold by company insiders. Over the same time 12 month time period, 1,509,841 shares of Targacept Inc, for a total value of $6,131,605 were purchased by company insiders.

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