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
AIR T INC (AIRT)
Sector: Industrials; Industry: Integrated Freight & Logistics

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment also provides composite aircraft structures, and repair and support services. Its Printing Equipment and Maintenance segment designs, manufactures, and sells digital print production equipment, spare parts, supplies, and consumable items, as well as provides maintenance contracts.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-01 Swenson Nicholas John CEO Buy 330 $34.20 $11,287 No
2021-08-27 Swenson Nicholas John CEO Buy 1,088 $34.66 $37,706 No
2021-08-10 Swenson Nicholas John CEO Buy 1,104 $32.44 $35,810 No
2021-08-02 Swenson Nicholas John CEO Buy 518 $30.18 $15,636 No
2021-07-20 Swenson Nicholas John CEO Buy 2,247 $25.03 $56,239 No
2021-01-29 CABILLOT RAYMOND E Director Buy 3,666 $20.25 $74,236 No
2021-01-29 Swenson Nicholas John CEO Buy 3,666 $20.25 $74,236 No
2020-12-31 Swenson Nicholas John CEO Buy 18,617 $20.11 $374,421 No
2020-12-31 CABILLOT RAYMOND E Director Buy 18,620 $20.11 $374,481 No
2020-12-29 KOHLER GARY S Director Buy 2,000 $19.06 $38,120 No
2020-12-29 KOHLER GARY S Director Buy 38,125 $19.06 $726,654 No
2020-12-30 CABILLOT RAYMOND E Director Buy 38,682 $19.29 $746,080 No
2020-12-30 Swenson Nicholas John CEO Buy 34,910 $19.12 $667,638 No
2020-03-23 Swenson Nicholas John CEO Buy 2,862 $11.95 $34,201 No
2020-03-20 CABILLOT RAYMOND E Director Buy 174 $12.75 $2,218 No
2020-03-23 Swenson Nicholas John CEO Buy 2,862 $11.95 $34,201 No
2020-03-18 Barkett Seth G Director Sell 2,000 $11.52 $23,030 No
2020-03-19 Swenson Nicholas John CEO Buy 7,498 $10.50 $78,729 No
2020-03-19 CABILLOT RAYMOND E Director Buy 39,396 $11.26 $443,502 No
2020-03-16 CABILLOT RAYMOND E Director Buy 17,042 $12.35 $210,393 No
2020-03-12 Barkett Seth G Director Sell 600 $16.00 $9,600 No
2019-12-31 Barkett Seth G Director Sell 1,100 $21.36 $23,500 No
2019-12-09 CABILLOT RAYMOND E Director Buy 1,687 $21.37 $36,051 No
2019-12-11 Barkett Seth G Director Sell 800 $22.00 $17,600 No
2019-12-09 CABILLOT RAYMOND E Director Buy 1,687 $21.37 $36,051 No
2019-12-04 CABILLOT RAYMOND E Director Buy 172 $22.00 $3,784 No
2019-12-03 CABILLOT RAYMOND E Director Buy 953 $22.00 $20,966 No
2019-11-27 CABILLOT RAYMOND E Director Buy 188 $22.00 $4,136 No
2019-11-15 CABILLOT RAYMOND E Director Buy 4,500 $19.67 $88,525 No
2019-02-25 Swenson Nicholas John CEO Buy 200 $31.00 $6,200 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.