Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
Sector: Technology; Industry: Semiconductors

Analog Devices, Inc. designs, manufactures, and markets integrated circuits (ICs), algorithms, software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. It also provides power management and reference products for power management and conversion applications in the automotive, communications, industrial, and high-end consumer markets; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom. In addition, the company offers isolators for various applications, such as universal serial bus isolation in patient monitors; and smart metering and satellite applications, as well as digital signal processing products for high-speed numeric calculations. Analog Devices, Inc. was founded in 1965 and is headquartered in Norwood, Massachusetts.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2009-12-02 Brennan Seamus M. VP, Chief Accounting Officer Sell 14,000 $30.45 $426,304 Yes
2009-12-01 FULLER SAMUEL H VP, RESEARCH & DEVELOPMENT Sell 5,000 $30.31 $151,551 Yes
2009-11-30 FULLER SAMUEL H VP, RESEARCH & DEVELOPMENT Sell 20,000 $29.90 $598,000 Yes
2009-12-01 STATA RAY CHAIRMAN OF THE BOARD Sell 6,726 $30.20 $203,126 Yes
2009-12-01 FISHMAN JERALD PRESIDENT & CEO Sell 17,198 $30.20 $519,380 Yes
2009-11-27 FULLER SAMUEL H VP, RESEARCH & DEVELOPMENT Sell 10,000 $29.75 $297,500 Yes
2008-06-12 MARSHALL ROBERT R VP, WORLDWIDE MFG. Sell 70,000 $33.20 $2,324,000 No
2008-12-04 SICCHITANO KENTON J Director Buy 2,500 $17.05 $42,625 No
2008-12-04 HODGSON JOHN C Director Buy 2,000 $17.02 $34,048 No
2008-12-03 SAVIERS F GRANT Director Sell 2,000 $16.90 $33,800 Yes
2008-12-01 NOVICH NEIL S Director Buy 8,000 $16.47 $131,776 No
2008-09-26 MCADAM ROBERT P VP, STANDARD LINEAR PROD DIV Sell 25,000 $26.59 $664,725 Yes
2008-06-30 DOYLE JOHN L Director Sell 21,000 $32.15 $675,070 Yes
2008-06-16 FISHMAN JERALD PRESIDENT & CEO Sell 10,000 $34.31 $343,125 No
2008-06-05 FISHMAN JERALD PRESIDENT & CEO Sell 25,000 $36.05 $901,225 No
2008-06-04 FISHMAN JERALD PRESIDENT & CEO Sell 25,000 $35.90 $897,375 No
2008-06-03 MCDONOUGH JOSEPH E VP, FINANCE & CFO Sell 40,000 $35.25 $1,409,807 Yes
2008-06-03 FISHMAN JERALD PRESIDENT & CEO Sell 25,000 $35.11 $877,742 No
2008-03-24 HODGSON JOHN C Director Buy 2,000 $29.50 $59,000 No

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.