Insider Cluster (3 insiders) ·Filed Feb 26, 2026

BMRN

BIOMARIN PHARMACEUTICAL INC
NEUTRAL
Impact 4/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $2.0M total
Actionable Insight • Neutral

Monitor for additional insider selling in the next 30 days — while this cluster is within normal ranges, concentrated C-suite sales could signal caution ahead of earnings or regulatory decisions. The non-cash awards are standard compensation and not a concern.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
BMRN ▼ -11.17% at T+60d
NEUTRAL call ✗ call lost -11.17% · α vs SPY -18.92% · entry $60.90 → $54.10
Entry anchored
Feb 25, 03:59 PM ET
via exchange tick
T+1d
+0.94%
call +0.94% · α +1.39%
$61.47
settled 7mo ago
T+5d
-0.92%
call -0.92% · α +0.21%
$60.34
settled 7mo ago
T+20d
-9.16%
call -9.16% · α -2.76%
$55.32
settled 6mo ago
T+60d
-11.17%
call -11.17% · α -18.92%
$54.10
settled 4mo ago

Price Chart

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Executive Summary

Two senior executives at BioMarin Pharmaceutical sold shares in the past week, with total open-market proceeds of approximately $1.98 million. The sales represent modest insider selling, while two other executives received non-cash stock awards. The selling activity is notable but not extreme relative to the company's $11.8B market cap.

Key Financial Metrics

Direction
selling
Total Value
$2.0M
Insiders
3

Key Facts

  • EVP and Chief Legal Officer George Eric Davis sold 26,061 shares for $1.60M in open-market transactions.
  • EVP and Chief R&D Officer Gregory Friberg sold 6,326 shares for $381,937.
  • Two other executives (Davis and CFO Brian Mueller) received non-cash stock awards totaling 12,860 shares with no monetary value exchanged.
  • Total open-market selling value: $1.98 million (0.017% of $11.8B market cap).
  • All transactions occurred within a 2-day window, indicating a clustered but routine insider activity period.

Financial Impact

$1.98 million in open-market sales by two C-suite executives; non-cash awards add no financial value.

insider ownershipshare count (dilution from awards)

Risk Factors

  • Perception of insider pessimism if no offsetting buy activity follows.
  • Potential for negative sentiment if selling continues ahead of key catalysts (e.g., FDA decisions).

Market Snapshot

Exchange
Nasdaq

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (4 trades, 7d window)cluster-BMRN-1772156374596
11 reports for BMRN
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+60▲ +8.91%Apr 27, 2026
Filters
Rows
Reports for BMRN — sortable, filterable
TypeNow
Sep 15, 2026
17d ago
8-K
NEUTRAL ★ 4/10
$64.45 $63.94▼ −0.79%▼ −1.61%$57.72 (−10.43%)
Sep 14, 2026
18d ago
8-K
NEUTRAL ★ 2/10
$66.41 $64.06▼ −3.54%▼ −3.65%$57.72 (−13.08%)
Sep 1, 2026
4w ago
8-K
NEUTRAL ★ 3/10
$64.84 $64.41▼ −0.66%▼ −0.74%$57.72 (−10.97%)
Sep 1, 2026
4w ago
Press Release
NEUTRAL ★ 4/10
$64.84 $64.41▼ −0.66%▼ −0.74%$57.72 (−10.97%)
Aug 31, 2026
4w ago
8-K
BULLISH ★ 6/10
$65.23 $64.63▼ −0.92%▼ −0.78%$57.72 (−11.51%)
Aug 18, 2026
6w ago
8-K
BULLISH ★ 7/10
$66.99 $66.12▼ −1.30%▼ −1.10%$57.72 (−13.83%)
Jun 4, 2026
17w ago
8-K
NEUTRAL ★ 2/10
$56.77 $55.95▼ −1.44%▼ −2.01%$57.72 (+1.68%)
Apr 27, 2026
22w ago
8-K
BULLISH ★ 8/10
$53.62 $55.42▲ +3.36%▲ +2.96%$57.72 (+7.65%)
Apr 21, 2026
23w ago
DEFA14A
NEUTRAL ★ 2/10
$54.16 $53.24▼ −1.71%▼ −1.76%$57.72 (+6.57%)
Feb 28, 2026
30w ago
Institutional Cluster
MIXED ★ 6/10
$59.71 $60.65▲ +1.57%▲ +2.78%$57.72 (−3.33%)
Showing 10 of 11

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Report published Feb 27, 2026