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
ARYA Sciences Acquisition Corp III (ARYA)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-05-09 Patel Sujal M CEO, President, and Secretary Buy 50,000 $3.96 $198,000 No
2022-03-04 Patel Sujal M CEO, President, and Secretary Buy 50,000 $3.60 $179,890 Yes
2021-12-01 Patel Sujal M CEO, President, and Secretary Buy 250,000 $4.72 $1,181,176 No

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.