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Insider Trading: ELITE PHARMACEUTICALS INC /DE/

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of ELITE PHARMACEUTICALS INC /DE/ since year 2005 are given in the first table. The second table lists detailed insider transactions reported by ELITE PHARMACEUTICALS INC /DE/ since 2005. The reporting company's ticker symbol is ELI. The reporting company's CIK number is 1053369. The total value of stock buying during this period is $281,386. The total value of stock sales is $83,660. The total value of stock exercises is $0.

Figure 1. Monthly insider transaction values at ELITE PHARMACEUTICALS INC /DE/ (ELI) in the past 24 months. The trade values of insider stock buys, sales, and option exercises are in logarithmic scale as shown on the right axis labels. The detailed monthly and daily insider transactions are listed in the 2 tables below.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $55,300

    $5,530

    $553

    $55

  • Buy
  • Sale
  • Option Exercise

Figure 2. Average prices of insider buys, sales, and option exercises at ELITE PHARMACEUTICALS INC /DE/ (ELI) in the past 24 months. See table 2 for insider transaction details.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $2.36

    $1.77

    $1.18

    $.59



Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for ELITE PHARMACEUTICALS INC /DE/ (ELI).
Trading Period
year-month  
Insider Buying     
Shares               Value ($)
Insider Sales     
Shares               Value ($)
Option Exercises     
Shares               Value ($)
2008-04 15,000 12,000 0 0 0 0
2008-03 10,000 9,295 0 0 0 0
2008-02 40,000 33,350 0 0 0 0
2008-01 52,000 55,300 0 0 0 0
2007-12 5,000 10,324 0 0 0 0
2007-11 22,500 47,258 0 0 0 0
2006-07 7,000 16,543 0 0 0 0
2005-07 12,000 36,816 0 0 0 0
2005-06 20,000 60,500 0 0 0 0
2005-03 0 0 20,000 83,660 0 0

Table 2. Detailed insider stock purchases, sales, and option exercises for ELITE PHARMACEUTICALS INC /DE/ (ELI)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2008-04-02 Behl Charan (Other) Purchase 15,000 .80 12,000
2008-03-28 Behl Charan (Other) Purchase 5,000 .90 4,500
2008-03-26 Behl Charan (Other) Purchase 5,000 .96 4,795
2008-02-08 Behl Charan (Other) Purchase 5,000 1.04 5,225
2008-02-07 Behl Charan (Other) Purchase 10,000 .90 9,000
2008-02-05 Behl Charan (Other) Purchase 25,000 .76 19,125
2008-01-30 Behl Charan (Other) Purchase 15,000 .94 14,100
2008-01-29 Behl Charan (Other) Purchase 10,000 1.00 10,000
2008-01-28 Behl Charan (Other) Purchase 8,000 1.15 9,200
2008-01-25 Behl Charan (Other) Purchase 10,000 1.16 11,600
2007-12-31 Berk Bernard (Chairman, CEO and President) Purchase 5,000 2.06 10,324
2007-11-21 Berk Bernard (CEO and Chairman) Purchase 12,500 2.03 25,411
2007-11-20 Berk Bernard (CEO and Chairman) Purchase 10,000 2.18 21,847
2006-07-03 Dash Barry H (Director) Purchase 7,000 2.36 16,543
2005-07-01 Berk Bernard (Chief Exec Officer a) Purchase 12,000 3.07 36,816
2005-06-30 Berk Bernard (Chief Exec Officer a) Purchase 20,000 3.02 60,500
2005-03-11 Sichel Eric L (Director) Sale 20,000 4.18 83,660

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of ELITE PHARMACEUTICALS INC /DE/ (symbol ELI, CIK number 1053369) see the Securities and Exchange Commission (SEC) website.

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