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
Sector: Healthcare; Industry: Medical Devices

ALR Technologies Inc. develops compliance monitoring systems that enable health care professionals to remotely monitor patient health conditions in the United States. The company's product includes Diabetes Management System, which consists of a communications software platform that enables health professionals to monitor the health progress of patients with diabetes.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-09-21 Chan Sidney CEO Buy 240,000,000 $0.05 $12,000,000 No
2010-07-08 Cruitt Stanley Shareholder Sell 235,000 $0.04 $9,165 No
2010-06-07 Cruitt Stanley Director Sell 711,000 $0.04 $25,792 No
2010-05-10 Cruitt Stanley Director Sell 204,200 $0.03 $6,176 No
2010-05-04 Cruitt Stanley Director Sell 170,800 $0.04 $6,659 No
2009-12-15 Chan Sidney Director Buy 86,498,482 $0.05 $4,324,924 Yes
2009-12-23 Cruitt Stanley Director Buy 9,000,000 $0.05 $450,000 Yes
2009-12-15 Tichy Jaroslav V Director Buy 6,202,249 $0.05 $310,112 Yes
2010-03-24 Cruitt Stanley Director Sell 340,000 $0.04 $13,940 No
2010-03-16 Cruitt Stanley Director Sell 200,000 $0.04 $8,400 No
2010-01-28 Cruitt Stanley Director Buy 1,393,976 $0.05 $71,499 No
2010-01-11 Cruitt Stanley 10%-Owner, Director Sell 18,800 $0.04 $752 No
2009-12-18 Cruitt Stanley 10%-Owner, Director Sell 1,184,200 $0.06 $65,874 No
2007-10-26 Cruitt Stanley President Sell 760,000 $0.16 $121,600 No
2007-06-29 Cruitt Stanley President Sell 750,000 $0.15 $112,500 Yes
2005-02-18 Cruitt Stanley President Buy 16,650 $0.18 $3,011 Yes

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.