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
AMETEK INC/ (AME)
Sector: Industrials; Industry: Specialty Industrial Machinery

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; and instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets. This segment also operates a network of aviation maintenance, repair, and overhaul facilities.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2009-05-15 VARET ELIZEBETH R Director Sell 5,000 $30.00 $150,000 No
2009-05-08 VARET ELIZEBETH R Director Sell 25,000 $33.07 $826,786 No
2009-04-30 HERMANCE FRANK S CHAIRMAN OF THE BOARD & CEO Sell 91,000 $32.39 $2,947,208 Yes
2009-04-29 HERMANCE FRANK S CHAIRMAN OF THE BOARD & CEO Sell 119,000 $32.14 $3,824,761 Yes
2009-04-23 VARET ELIZEBETH R Director Sell 5,000 $32.50 $162,500 Yes
2009-02-05 VARET ELIZEBETH R Director Sell 15,895 $32.15 $511,024 No
2008-09-09 FRIEDLAENDER HELMUT N Director Emeritus Sell 10,200 $45.50 $464,110 No
2008-09-08 FRIEDLAENDER HELMUT N Director Emeritus Sell 25,300 $45.61 $1,153,859 No
2008-08-22 Jones Timothy N PRESIDENT - ELECTROMECHANICAL Sell 3,000 $49.00 $147,000 No
2008-07-24 STEINMANN DAVID P Director Sell 21,375 $48.69 $1,040,648 No
2008-07-23 CHLEBEK ROBERT W PRES. - ELECTRONIC INSTRUMENTS Sell 12,500 $50.35 $629,350 Yes
2008-07-01 STEINMANN DAVID P Director Sell 6,862 $46.40 $318,413 Yes
2008-06-06 CHLEBEK ROBERT W PRES. - ELECTRONIC INSTRUMENTS Sell 6,000 $51.50 $309,000 No
2008-05-16 CHLEBEK ROBERT W PRES. - ELECTRONIC INSTRUMENTS Sell 11,655 $52.30 $609,606 Yes
2008-05-12 ZAPICO DAVID A PRES. - ELECTRONIC INSTRUMENTS Sell 32,500 $50.01 $1,625,204 Yes
2008-05-08 MOLINELLI JOHN J EXECUTIVE VP & CFO Sell 82,500 $49.41 $4,076,212 Yes
2008-05-06 EGINTON WILLIAM D SENIOR VP-CORP. DEVELOPMENT Sell 16,000 $49.65 $794,400 Yes
2008-05-01 VARET ELIZEBETH R Director Sell 15,000 $49.34 $740,095 No
2008-04-28 MANDOS ROBERT R SENIOR VP - COMPTROLLER Sell 12,000 $49.55 $594,602 Yes

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.