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
CREDIT ACCEPTANCE CORP (CACC)
Sector: Financial Services; Industry: Credit Services

Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-09 Prescott General Partners LLC Member of Section 13(d) Group Sell 32,401 $650.46 $21,075,611 No
2021-08-09 Watson Jill Foss 10%-Owner Sell 1,500 $552.92 $829,382 No
2021-08-06 Watson Jill Foss 10%-Owner Sell 5,000 $556.31 $2,781,570 No
2021-07-20 Watson Jill Foss 10%-Owner Sell 8,900 $470.28 $4,185,471 No
2021-07-21 Watson Jill Foss 10%-Owner Sell 11,100 $472.02 $5,239,376 No
2021-07-12 Watson Jill Foss 10%-Owner Sell 21,600 $453.28 $9,790,824 No
2021-06-24 SMITH ARTHUR L Chief Analytics Officer Sell 1,000 $450.00 $450,000 No
2021-03-08 Booth Kenneth Chief Financial Officer Sell 2,500 $425.35 $1,063,375 No
2021-01-29 SMITH ARTHUR L Chief Analytics Officer Sell 3,000 $433.52 $1,300,571 No
2020-08-07 ROBERTS BRETT A Chief Executive Officer Sell 21,036 $512.47 $10,780,228 No
2020-08-06 Flanagan Glenda J Director Sell 4,000 $513.07 $2,052,293 No
2020-07-22 FOSS DONALD A FORMER 10% OWNER Sell 6,175 $451.45 $2,787,719 No
2020-07-22 FOSS DONALD A 10%-Owner Sell 6,175 $451.45 $2,787,719 No
2020-07-15 FOSS DONALD A 10%-Owner Sell 19,317 $437.82 $8,457,383 No
2020-07-08 FOSS DONALD A 10%-Owner Sell 9,775 $433.58 $4,238,201 No
2020-06-05 Flanagan Glenda J Director Sell 5,000 $475.70 $2,378,480 No
2020-06-08 PEARCE CHARLES A Chief Legal Officer Sell 1,500 $495.99 $743,982 No
2020-06-05 ULATOWSKI DANIEL A. Chief Sales Officer Sell 1,000 $492.00 $492,000 No
2020-06-05 ROBERTS BRETT A Chief Executive Officer Sell 14,476 $475.76 $6,887,129 No
2020-06-08 BUSK DOUGLAS W Sr. Vice President & Treasurer Sell 1,500 $484.49 $726,736 No
2020-06-04 Prescott General Partners LLC Member of Section 13(d) Group Sell 4,500 $425.97 $1,916,887 No
2020-06-05 FOSS DONALD A 10%-Owner Sell 30,000 $444.95 $13,348,607 No
2020-05-26 FOSS DONALD A 10%-Owner Sell 8,066 $353.94 $2,854,907 No
2020-05-08 FOSS DONALD A 10%-Owner Sell 10,000 $331.03 $3,310,336 No
2020-04-29 FOSS DONALD A 10%-Owner Sell 33,559 $322.68 $10,828,840 No
2020-04-09 FOSS DONALD A 10%-Owner Sell 39,839 $298.60 $11,895,799 No
2020-04-06 FOSS DONALD A 10%-Owner Sell 35,170 $248.36 $8,734,669 No
2020-03-26 FOSS DONALD A 10%-Owner Sell 30,666 $273.97 $8,401,569 No
2020-03-23 Booth Kenneth Chief Financial Officer Buy 1,000 $215.00 $215,000 No
2020-03-19 FOSS DONALD A 10%-Owner Sell 10,000 $291.09 $2,910,949 No

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

Insider Smart

VBI Vaccines Inc (VBIV) - Since 10%-owner Perceptive Advisor LCC increased their holding in April, the stock have double the price. Impressive!