Ironwood Pharmaceuticals Inc (IRWD)

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Insider Selling: Peter M. Hecht Sells 200,000 Shares of Ironwood Pharmaceuticals Stock (IRWD)

Posted by Scott Davis on Mar 19th, 2015 // No Comments







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Ironwood Pharmaceuticals logoIronwood Pharmaceuticals (NASDAQ:IRWD) CEO Peter M. Hecht sold 200,000 shares of Ironwood Pharmaceuticals stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $15.62, for a total transaction of $3,124,000.00. Following the completion of the sale, the chief executive officer now directly owns 73,418 shares in the company, valued at approximately $1,146,789.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Ironwood Pharmaceuticals (NASDAQ:IRWD) opened at 15.66 on Thursday. Ironwood Pharmaceuticals has a 52-week low of $9.01 and a 52-week high of $17.11. The stock has a 50-day moving average of $15. and a 200-day moving average of $14.. The company’s market cap is $2.21 billion.

Ironwood Pharmaceuticals (NASDAQ:IRWD) last announced its earnings results on