Hot Stocks: Biogen Idec Inc (NASDAQ:BIIB), Acacia Research (NASDAQ:ACTG), Black Berry Ltd (NASDAQ:BBRY), Tesla Motors Inc (NASDAQ:TSLA)

Biogen Idec Inc (NASDAQ:BIIB) CEO George A. Scangos sold 2,123 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $308.42, for a total value of $654,775.66. Following the completion of the sale, the chief executive officer now directly owns 26,142 shares in the company, valued at approximately $8,062,716. Biogen Idec Inc (NASDAQ:BIIB) shares after opening at $311.64 moved to $317.00 on last trade day and at the end of the day closed at $309.70. Company price to sales ratio in past twelve months was calculated as 10.56 and price to cash ratio as 59.87. Biogen Idec Inc (NASDAQ:BIIB) showed a positive weekly performance of 1.23%.

Acacia Research Corporation (NASDAQ: ACTG) announced today that its GT Gaming LLC subsidiary has entered into a settlement and patent license agreement with Digital Chocolate, Inc. The agreement resolves litigation that was pending in the United States District Court for the Southern District of California. Acacia Research Corp (NASDAQ:ACTG) shares advanced 2.32% in last trading session and ended the day on $16.31. ACTG return on equity ratio is recorded as -2.20% and its return on assets is -2.00%.Acacia Research Corp (NASDAQ:ACTG) yearly performance is -42.37%.

To say the relationship between Black Berry Ltd (NASDAQ:BBRY) and T-Mobile has been strained lately is a bit of an understatement, but the latest news coming from Waterloo is something I’m sure we can all agree is a bit unexpected. BlackBerry has now announced that as of April 25th, 2014, it will not renew the T-Mobile U.S., Inc. license to sell Black Berry products. Black Berry Ltd (NASDAQ:BBRY) shares moved up 1.36% in last trading session and was closed at $8.21, while trading in range of $ 8.05 – 8.28. Black Berry Ltd (NASDAQ:BBRY) year to date (YTD) performance is 10.35%.

Tesla Motors Inc (NASDAQ:TSLA) jumped 6.14% after news that the Electric-car company filed an appeal in New Jersey Superior Court to overturn the state’s ban on selling its vehicles in the state within two weeks, claiming it was unfairly targeted last month when the state Motor Vehicle Commission amended its regulations. Tesla Motors Inc (NASDAQ:TSLA) weekly performance is 8.14%. On last trading day company shares ended up $230.29. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is 8.36%. Analysts mean target price for the company is $227.18.