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
AXIS CAPITAL HOLDINGS LTD (AXS)
Sector: Financial Services; Industry: Insurance—Property & Casualty

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups, as well as accident and health reinsurance products through wholesale and retail brokers, managing general agents, and underwriters. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; and marine, aviation, and personal accident reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-08-26 DAVIS CHARLES A Director Buy 463,727 $45.59 $21,141,833 No
2020-08-24 DAVIS CHARLES A Director Buy 311,415 $45.14 $14,057,280 No
2020-08-20 DAVIS CHARLES A Director Buy 501,895 $45.69 $22,932,905 No
2020-08-18 DAVIS CHARLES A Director Buy 830,596 $45.84 $38,072,912 No
2020-08-13 DAVIS CHARLES A Director Buy 57,972 $45.98 $2,665,553 No
2020-08-12 DAVIS CHARLES A Director Buy 496,468 $45.42 $22,547,333 No
2020-08-07 DAVIS CHARLES A Director Buy 700,000 $43.31 $30,317,000 No
2020-08-05 DAVIS CHARLES A Director Buy 542,000 $41.12 $22,285,958 No
2020-08-03 DAVIS CHARLES A Director Buy 450,000 $40.57 $18,258,567 No
2020-06-18 Ramey Thomas C. Director Sell 2,190 $41.69 $91,293 No
2020-06-19 DAVIS CHARLES A Director Buy 575,000 $42.61 $24,503,143 No
2020-06-17 DAVIS CHARLES A Director Buy 772,707 $42.20 $32,610,430 No
2020-06-15 DAVIS CHARLES A Director Buy 575,000 $40.11 $23,060,520 No
2020-05-13 Dowling Anne Melissa Director Buy 1,400 $35.77 $50,078 No
2020-03-16 DAVIS CHARLES A Director Buy 501,026 $39.94 $20,013,396 No
2020-03-12 Vogt Peter CFO Buy 2,000 $42.00 $84,000 No
2020-03-12 BUTT MICHAEL A Director Buy 5,760 $43.49 $250,502 No
2020-03-16 BENCHIMOL ALBERT President and CEO Buy 2,704 $37.50 $101,400 No
2020-02-10 SMITH HENRY B Director Sell 10,000 $64.91 $649,122 No
2018-06-04 Brooks Conrad D. EVP, General Counsel & Sec Sell 2,601 $57.18 $148,721 No
2018-02-28 DAVIS CHARLES A Director Buy 25,000 $49.90 $1,247,600 No
2017-11-30 Brooks Conrad D. EVP, General Counsel & Sec Sell 7,500 $52.31 $392,325 No
2017-01-04 BUTT MICHAEL A Director Sell 158,946 $65.38 $10,392,152 No
2016-11-16 DiSipio Christopher N. CEO, Accident & Health Sell 500 $61.04 $30,520 No
2016-10-14 BUTT MICHAEL A Director Sell 40,673 $57.01 $2,318,819 No
2016-09-09 Gieryn Richard T JR EVP, General Counsel & Sec Sell 10,400 $56.15 $583,975 No
2016-09-06 BUTT MICHAEL A Chairman of the Board Sell 50,381 $57.01 $2,872,414 No
2016-05-20 Gieryn Richard T JR EVP, General Counsel & Sec Sell 14,967 $54.37 $813,784 No
2016-05-03 Zeller Wilhelm Director Sell 9,700 $53.31 $517,131 No
2016-03-04 Gieryn Richard T JR EVP, General Counsel & Sec Sell 15,697 $54.99 $863,181 No

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.

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.