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
Sector: Financial Services; Industry: Credit Services

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. Its products and services include payment and financing products; network services; expense management products and services; and lifestyle services. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-30 Pickett Denise Pres., GSG and TLS Sell 5,260 $153.11 $805,359 Yes
2021-02-02 Pickett Denise President, Glbl Services Group Sell 29,292 $119.09 $3,488,384 Yes
2020-08-18 Pickett Denise President, Glbl Services Group Sell 2,864 $96.62 $276,720 No
2019-10-25 Pickett Denise President, Glbl Services Group Sell 2,400 $118.39 $284,136 No
2019-04-25 Pickett Denise President, GRBC and CRO Sell 17,964 $116.21 $2,087,596 Yes

Insider Smart

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.