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
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
2021-07-16 La Salla Francis J. Sr. Executive Vice President Sell 25,000 $49.41 $1,235,225 No
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

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.