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
Bank of New York Mellon Corp (BK)
Sector: Financial Services; Industry: Asset Management

The Bank of New York Mellon Corporation provides a range of financial products and services to in the United States and internationally. The company operates through two segments, Investment Management and Investment Services. It serves asset managers, banks, broker-dealers, corporations, financial intermediaries, governments, high net worth individuals, insurance companies, non-profit organizations, pensions, and sovereign institutions. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-12 GIBBONS THOMAS P Chief Executive Officer Sell 155,927 $51.46 $8,024,066 No
2021-05-06 McCarthy J Kevin SEVP & General Counsel Sell 12,500 $51.65 $645,658 No
2021-04-30 Engle Bridget E. Sr. Exec. Vice President Sell 23,720 $49.92 $1,184,067 No
2021-02-10 McCarthy J Kevin SEVP & General Counsel Sell 30,478 $42.15 $1,284,637 Yes
2020-07-22 Harris Mitchell E. Sr. Executive Vice President Sell 35,000 $35.75 $1,251,285 No
2020-05-08 McCarthy J Kevin SEVP & General Counsel Sell 10,000 $35.12 $351,202 No
2020-04-17 Engle Bridget E. Sr. Exec. Vice President Sell 37,913 $37.53 $1,422,822 No
2020-04-08 BERKSHIRE HATHAWAY INC 10%-Owner Sell 869,103 $35.52 $30,871,102 No
2019-10-17 Harris Mitchell E. Sr. Executive Vice President Sell 50,000 $44.60 $2,229,950 No
2019-07-24 GIBBONS THOMAS P Vice Chairman Sell 318,556 $46.72 $14,884,105 Yes
2019-07-18 DALEY WILLIAM M Vice Chairman Buy 11,350 $44.93 $509,921 No
2019-05-03 GARDEN EDWARD P Director Sell 621,807 $50.11 $31,157,377 No
2019-04-30 McCarthy J Kevin SEVP & General Counsel Sell 25,000 $49.43 $1,235,730 No
2019-03-13 GARDEN EDWARD P Director Sell 792,000 $52.10 $41,262,284 No
2019-03-01 Kurimsky Kurtis R. Controller Sell 5,797 $53.00 $307,258 No
2019-02-15 SCHARF CHARLES W Chairman & CEO Sell 4,674 $52.99 $247,675 No
2019-02-15 Engle Bridget E. Sr. Exec. Vice President Sell 22,670 $52.99 $1,201,283 No
2019-01-28 GARDEN EDWARD P Director Sell 2,107,000 $53.48 $112,681,929 No
2018-05-11 Kurimsky Kurtis R. Controller Sell 4,701 $57.44 $270,002 No
2018-04-23 McCarthy J Kevin SEVP & General Counsel Sell 15,000 $55.89 $838,350 No
2018-04-23 Harris Mitchell E. Sr. Executive Vice President Sell 48,000 $56.00 $2,687,938 No
2018-03-09 GARDEN EDWARD P Director Buy 360,000 $56.67 $20,399,521 No
2018-02-22 Engle Bridget E. Sr. Exec. Vice President Sell 38,928 $56.62 $2,203,948 No
2017-12-01 GIBBONS THOMAS P Vice Chairman & CFO Sell 38,152 $54.15 $2,066,049 Yes
2017-11-22 GARDEN EDWARD P Director Sell 800,332 $52.59 $42,088,204 No
2017-11-03 Shea Brian T Vice Chairman Sell 22,228 $51.26 $1,139,378 No
2017-11-01 HASSELL GERALD L Chairman of the Board Sell 24,280 $51.69 $1,254,917 No
2017-10-24 GARDEN EDWARD P Director Sell 5,798,725 $52.42 $303,955,701 No
2017-08-16 Shea Brian T Vice Chairman Sell 44,250 $52.90 $2,340,639 No
2017-08-15 HASSELL GERALD L Chairman of the Board Sell 1,788 $53.04 $94,845 No

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.

Insider Smart

Carvana Co (CVNA) - One of the best timed insider buying in the crash is from GARCIA ERNEST C. II 10%-owner of CVNA. Bought at 45 and now with a 100%+ profit.