Jazz Pharmaceuticals (JAZZ) Running On Buy From Smart Investor

September 4, 2009 11:46 AM EDT

Last night after the close, Patrick Enright bought 150,000 shares of Jazz Pharmaceuticals (Nasdaq: JAZZ) at around $7.21 a share. Patrick Enright is a Director at Jazz, but he is also a Managing Director at a biotech focused VC fund, Longitude Capital.

Enright serves also serves on Corcept Therapeutics (NASDAQ: CORT) board as well. He has previously served on the boards of Codexis, DiObex Pharmaceuticals, Horizon Therapeutics, MAP Pharmaceuticals (NASDAQ: MAPP), Prestwick Pharmaceuticals, Threshold Pharmaceuticals (NASDAQ: THLD) and Sequenom (NASDAQ: SQNM).

Jazz Pharmaceuticals has been a momentum stock and has risen over 700% since early June and is trading up approximately 20% today to $8.43.


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Stocks Mentioned

CORT 2.93

-0.15 -4.87%
Volume: 224,024
Track CORT

JAZZ 48.09

-1.15 -2.34%
Volume: 305,929
Track JAZZ

MAPP 15.20

-0.29 -1.87%
Volume: 24,499
Track MAPP

SQNM 4.67

-0.06 -1.27%
Volume: 690,017
Track SQNM

THLD 3.05

-0.17 -5.28%
Volume: 705,149
Track THLD


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