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
Anterix Inc. (ATEX)
Sector: Communication Services; Industry: Telecom Services

Anterix Inc. operates as a wireless communications company. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-15 Schwartz Robert Harris President and CEO Sell 41,737 $57.25 $2,389,255 Yes
2021-05-27 Schwartz Robert Harris President and CEO Sell 3,409 $48.32 $164,723 No
2020-09-03 Schwartz Robert Harris President and CEO Sell 6,493 $42.70 $277,259 Yes
2020-08-19 Schwartz Robert Harris President and CEO Sell 409 $47.03 $19,236 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

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.