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
AMGEN INC (AMGN)
Sector: Healthcare; Industry: Drug Manufacturers—General

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience areas. It also markets other products in various markets, including Nplate, Vectibix, Repatha, Parsabiv, BLINCYTO, Aimovig, NEUPOGEN, Otezla, AMGEVITA, KANJINTI, EVENITY, IMLYGIC, MVASI, and Corlanor. The company has collaboration agreements with Novartis; UCB; Bayer HealthCare LLC; BeiGene, Ltd.; QIAGEN N.V.; and Adaptive Biotechnologies.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2012-01-27 SCOTT DAVID J SVP, Gen. Counsel & Secy. Sell 133,500 $68.62 $9,161,019 Yes
2012-01-27 SHARER KEVIN W Chairman of the Board and CEO Sell 545,000 $68.58 $37,377,258 Yes
2012-01-27 RICHO ANNA SVP & CCO Sell 45,446 $68.47 $3,111,592 Yes
2012-01-27 MCNAMEE BRIAN M SVP, Human Resources Sell 138,902 $68.68 $9,540,081 Yes
2012-01-27 BONANNI FABRIZIO EVP, Operations Sell 50,000 $68.44 $3,421,920 Yes
2012-01-27 BEIER DAVID W SVP, Global Govt Affairs Sell 57,500 $68.47 $3,936,904 Yes
2011-11-08 RICHO ANNA SVP & CCO Sell 1,500 $58.07 $87,105 No
2011-11-08 SHARER KEVIN W Chairman of the Board and CEO Sell 52,500 $58.22 $3,056,608 No
2011-11-08 BONANNI FABRIZIO EVP, Operations Sell 10,000 $58.12 $581,233 No
2011-09-07 MCNAMEE BRIAN M SVP, Human Resources Sell 1,000 $54.73 $54,730 No
2011-08-31 SCOTT DAVID J SVP, Gen. Counsel & Secy. Sell 20,000 $55.44 $1,108,828 No
2011-08-15 BEIER DAVID W SVP Global Govt & Corp Affairs Sell 15,000 $51.56 $773,470 No
2011-08-04 de Carbonnel Francois Director Buy 1,000 $53.02 $53,020 No
2011-08-01 RICHO ANNA SVP & CCO Sell 24,950 $55.01 $1,372,621 Yes
2011-02-01 MCNAMEE BRIAN M Sr. V.P. Human Resources Sell 5,000 $55.80 $279,000 No
2010-12-08 Flanagan Thomas James Sr VP & CIO Sell 750 $53.37 $40,029 No
2010-12-02 Dittrich Thomas J.W. VP, Finance & CAO Sell 3,500 $53.60 $187,600 No
2010-10-26 RICHO ANNA SVP & CCO Sell 5,900 $56.94 $335,954 Yes
2010-09-08 GLUCK FREDERICK W Director Sell 800 $52.36 $41,888 No
2010-08-30 RICHO ANNA SVP & CCO Sell 3,000 $52.34 $157,020 No
2010-08-26 GLUCK FREDERICK W Director Sell 800 $51.76 $41,404 No
2010-02-22 RICHO ANNA SVP & CCO Sell 450 $57.00 $25,650 No
2010-02-02 MCNAMEE BRIAN M Sr. V.P. Human Resources Sell 17,000 $59.01 $1,003,224 Yes
2010-01-26 Michael A Kelly VP Finance & CAO Sell 31,226 $56.34 $1,759,161 Yes
2009-11-23 BONANNI FABRIZIO EVP, Operations Sell 5,351 $56.01 $299,714 No
2009-11-18 de Carbonnel Francois Director Buy 800 $56.14 $44,912 No
2009-11-17 MCNAMEE BRIAN M Sr. V.P. Human Resources Sell 5,000 $56.07 $280,364 No
2009-11-05 RICHO ANNA SVP & CCO Sell 2,000 $53.62 $107,240 No
2009-11-05 BONANNI FABRIZIO EVP, Operations Sell 11,354 $53.94 $612,395 No
2009-11-05 SHARER KEVIN W Chairman of the Bd, CEO & Pres Sell 18,500 $53.97 $998,492 No

Insider Smart

SERVICE CORP INTERNATIONAL (SCI) - WALTRIP W BLAIR, Director of $SCI made a buy at 34.65, was he convinced the bottom of the box is a strong support? Well, seems he is not wrong.

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.