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
Array Technologies, Inc. (ARRY)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-23 ATI Investment Parent, LLC 10%-Owner Sell 35,475,457 $27.23 $965,996,694 No
2020-12-07 ATI Investment Parent, LLC 10%-Owner Sell 36,656,250 $33.95 $1,244,479,688 No
2020-10-19 Cheraso Jennifer K. Chief Human Resources Officer Buy 25,588 $22.00 $562,936 Yes
2020-10-19 Fusaro James MacMillan Chief Executive Officer Buy 182,772 $22.00 $4,020,984 Yes
2020-10-19 Forth John Bradford Director Buy 60,924 $22.00 $1,340,328 Yes
2020-10-19 Patel Nipul M. Chief Financial Officer Buy 37,068 $22.00 $815,496 Yes
2020-10-19 Bolland Stuart M. Chief Operations Officer Buy 53,461 $22.00 $1,176,142 Yes
2020-10-19 Creasy Lucas D. Chief Technology Officer Buy 19,191 $22.00 $422,202 Yes
2020-10-19 Krantz Jeffrey P. Chief Commercial Officer Buy 71,281 $22.00 $1,568,182 Yes
2020-10-19 MacVane Charlotte A. nan Buy 77,221 $22.00 $1,698,862 Yes

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.