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
Allogene Therapeutics, Inc. (ALLO)
Sector: Healthcare; Industry: Biotechnology

Allogene Therapeutics, Inc., a clinical stage immuno-oncology company, develops and commercializes genetically engineered allogeneic T cell therapies for the treatment of cancer. The company is developing UCART19, an allogeneic chimeric antigen receptor (CAR) T cell product candidate, which is in Phase I clinical trials for the treatment of pediatric and adult patients with R/R CD19 positive B-cell ALL; ALLO-501, an anti-CD19 allogeneic CAR T cell product candidate that is in Phase I clinical trial for the treatment of R/R non-Hodgkin lymphoma; and ALLO-501A for the treatment R/R large B-cell lymphoma or transformed follicular lymphoma.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-15 Bhavnagri Veer General Counsel Sell 10,000 $32.05 $320,517 Yes
2021-03-15 Amado Rafael EVP of R&D and CMO Sell 2,798 $38.05 $106,471 No
2021-03-15 Chang David D President and CEO Sell 20,513 $38.57 $791,271 No
2021-03-15 MOORE ALISON Chief Technical Officer Sell 6,164 $38.14 $235,089 No
2021-03-15 Bhavnagri Veer General Counsel Sell 16,623 $37.95 $630,798 Yes
2021-03-15 SCHMIDT ERIC THOMAS Chief Financial Officer Sell 8,053 $38.23 $307,889 No
2021-01-15 SCHMIDT ERIC THOMAS Chief Financial Officer Sell 30,000 $31.52 $945,469 No
2020-11-16 SCHMIDT ERIC THOMAS Chief Financial Officer Sell 15,000 $32.88 $493,146 No
2020-10-15 SCHMIDT ERIC THOMAS Chief Financial Officer Sell 15,000 $40.49 $607,392 No
2020-10-13 MOORE ALISON Chief Technical Officer Sell 35,264 $42.00 $1,481,088 Yes
2020-10-09 MOORE ALISON Chief Technical Officer Sell 44,574 $41.00 $1,827,534 Yes
2020-10-07 Amado Rafael EVP of R&D and CMO Sell 16,538 $39.40 $651,515 No
2020-10-06 MOORE ALISON Chief Technical Officer Sell 44,574 $40.00 $1,782,960 Yes
2020-10-06 Bhavnagri Veer General Counsel Sell 10,000 $40.00 $400,000 Yes
2020-10-01 Bhavnagri Veer General Counsel Sell 25,000 $36.52 $912,913 Yes
2020-10-01 Amado Rafael EVP of R&D and CMO Sell 9,752 $36.37 $354,662 No
2020-09-21 SCHMIDT ERIC THOMAS Chief Financial Officer Sell 15,000 $35.30 $529,545 No
2020-09-01 Bhavnagri Veer General Counsel Sell 25,000 $35.36 $883,966 Yes
2020-08-07 TPG Group Holdings (SBS) Advisors, Inc. 10%-Owner Sell 37,445 $37.47 $1,403,031 No
2020-08-03 Bhavnagri Veer General Counsel Sell 31,553 $36.89 $1,164,121 Yes
2020-06-30 TPG Group Holdings (SBS) Advisors, Inc. 10%-Owner Sell 85,151 $42.53 $3,621,601 No
2020-06-25 TPG Group Holdings (SBS) Advisors, Inc. 10%-Owner Sell 219,853 $44.04 $9,682,651 No
2020-06-22 TPG Group Holdings (SBS) Advisors, Inc. 10%-Owner Sell 314,792 $42.50 $13,379,623 No
2020-06-17 TPG Group Holdings (SBS) Advisors, Inc. 10%-Owner Sell 390,984 $42.18 $16,491,046 No
2020-06-04 TPG Group Holdings (SBS) Advisors, Inc. 10%-Owner Sell 489,220 $47.40 $23,188,152 No
2020-06-04 Belldegrun Arie Director Buy 146,382 $47.00 $6,879,954 No
2020-03-16 MOORE ALISON Chief Technical Officer Sell 3,750 $19.19 $71,980 No
2020-03-16 SCHMIDT ERIC THOMAS Chief Financial Officer Sell 5,450 $19.73 $107,508 No
2020-03-16 Chang David D President and CEO Sell 20,335 $19.31 $392,615 No
2019-09-18 MOORE ALISON Chief Technical Officer Sell 48,827 $32.11 $1,567,666 Yes

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.