An insider at PAREXEL International Corporation (NASDAQ:PRXL) raised his exposure to the company today. President and Chief Operating Officer Mark A. Goldberg sold 10,220 shares of common stock at an average price of $61.38 per share. Following this move, Goldberg holds a total of 101, 368 shares directly.
PAREXEL International Corporation (NASDAQ:PRXL) is a $3.37 billion market cap biopharmaceutical services company, providing a range of expertise in clinical research, medical communications, consulting, and advanced technology products and services to the worldwide pharmaceutical, biotechnology, and medical device industries. It operates it three segments: Clinical Research Services (CRS), PAREXEL Consulting and Medical Communications Services (PCMS) and Perceptive Informatics, Inc. (Perceptive).
In addition, among the outside investors in the company is Renaissance Technologies, the hedge fund run by billionaire Jim Simons. After lowering its exposure by 3% over the last quarter, the fund now holds 736,900 worth approximately $38.9 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.