Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
BioAtla, Inc. (BCAB)

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-08-24 Levy Guy Director Sell 546,709 $39.65 $21,677,012 No
2021-06-17 Levy Guy Director Sell 400,000 $39.16 $15,664,000 No
2020-12-18 Levy Guy Director Buy 1,388,890 $18.00 $25,000,020 Yes
2020-12-18 Cormorant Asset Management, LP Former 10% Owner Buy 800,000 $18.00 $14,400,000 Yes

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

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.