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
CARNIVAL CORP (CCL)
Sector: Consumer Cyclical; Industry: Travel Services

Carnival Corporation & Plc operates as a leisure travel company. It also provides vacations to various cruise destinations, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-16 WEISENBURGER RANDALL J Director Sell 100,000 $27.50 $2,750,030 No
2021-04-15 WEISENBURGER RANDALL J Director Sell 538,762 $27.50 $14,817,755 No
2020-04-06 WEISENBURGER RANDALL J Director Buy 1,250,000 $8.00 $10,000,000 No
2019-07-03 WEISENBURGER RANDALL J Director Buy 20,000 $46.50 $930,000 No
2013-05-24 WEISENBURGER RANDALL J Director Buy 40,000 $32.95 $1,318,096 No
2009-10-28 WEISENBURGER RANDALL J Director Buy 20,000 $29.54 $590,740 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

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.