Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
ALIGN TECHNOLOGY INC (ALGN)
Sector: Healthcare; Industry: Medical Devices

Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Scanners and Services segment offers iTero Scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers; computer-aided design/computer-aided manufacturing services and ancillary products, such as disposable sleeves for the wand; and iTero applications and tools. The company sells its products in the United States, the Netherlands, China, and internationally.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-09 Coletti Julie Ann SVP, Chief Legal & Regulatory Sell 978 $501.00 $489,978 No
2020-11-06 PRESCOTT THOMAS M Director Sell 10,000 $486.75 $4,867,547 No
2020-11-04 Tay Julie SVP & Mng Dir. Asia Pacific Sell 6,000 $477.41 $2,864,460 No
2020-11-04 Shaked Yuval SVP & Mng Dir. Itero Sell 881 $483.00 $425,523 No
2020-11-04 Olson Jennifer SVP & Mng Dir Cust Service Sell 2,100 $479.75 $1,007,486 No
2020-11-04 Thaler Warren S Director Sell 5,000 $481.43 $2,407,170 No
2020-11-03 Shaked Yuval SVP & Mng Dir. Itero Sell 1,800 $445.25 $801,444 No
2020-11-04 Relic Zelko SVp, R&D and CTO Sell 22,886 $481.00 $11,008,168 No
2020-11-04 MORROW GEORGE J Director Sell 5,000 $480.03 $2,400,162 No
2020-10-26 Morici John Chief Financial Officer Sell 300 $466.30 $139,889 No
2020-10-26 Wright Emory SVP, Global Operations Sell 16,016 $452.83 $7,252,597 No
2020-10-26 Olson Jennifer SVP & Mng Dir Cust Service Sell 2,100 $465.00 $976,500 No
2020-10-26 Morici John Chief Financial Officer Sell 3,507 $466.34 $1,635,464 No
2020-10-27 Thaler Warren S Director Sell 5,000 $464.04 $2,320,186 No
2020-10-26 MORROW GEORGE J Director Sell 20,000 $466.05 $9,321,038 No
2020-10-26 SANTORA GREG J Director Sell 4,000 $457.75 $1,830,985 No
2020-10-26 PRESCOTT THOMAS M Director Sell 15,000 $464.36 $6,965,439 No
2020-10-26 HOGAN JOSEPH M President and CEO Sell 80,000 $457.41 $36,593,195 No
2020-08-31 LACOB JOSEPH Director Sell 10,275 $299.82 $3,080,655 No
2020-08-27 HOGAN JOSEPH M President and CEO Sell 5,700 $310.00 $1,767,011 No
2020-08-27 Beard Simon SVP and Mgng Director, EMEA Sell 4,727 $307.19 $1,452,065 No
2020-08-26 LACOB JOSEPH Director Sell 10,000 $300.11 $3,001,116 No
2020-08-19 PRESCOTT THOMAS M Director Sell 10,000 $304.37 $3,043,746 No
2020-08-13 Tay Julie SVP & Mng Dir. Asia Pacific Sell 1,550 $310.00 $480,500 No
2020-08-05 Thaler Warren S Director Sell 7,000 $296.08 $2,072,562 No
2020-07-29 PRESCOTT THOMAS M Director Sell 35,000 $301.83 $10,564,086 No
2020-07-29 PRESCOTT THOMAS M Director Sell 35,000 $301.83 $10,564,086 No
2020-05-29 Morici John Chief Financial Officer Sell 4,154 $251.55 $1,044,944 No
2020-05-28 LACOB JOSEPH Director Sell 10,000 $251.15 $2,511,534 No
2020-05-22 Tay Julie SVP & Mng Dir. Asia Pacific Sell 3,370 $241.00 $812,170 No

Insider Smart

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.