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
2009-09-23 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $33.79 $3,886,102 No
2009-09-21 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $32.21 $3,705,150 No
2009-09-17 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $33.23 $3,821,726 No
2009-09-15 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $32.70 $3,761,221 No
2009-09-11 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $32.37 $3,722,995 No
2009-09-09 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $31.39 $3,610,588 No
2009-08-31 ARISON MICKY MEIR Chairman & CEO Sell 59,292 $30.32 $1,797,785 No
2009-08-27 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $30.27 $3,481,641 No
2009-08-25 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $31.06 $3,572,856 No

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.

Insider Smart

Ovintiv Inc (OVV) - Insiders of OVV have been HEAVILY accumulating shares in March with a sub-$3 cost. And the stock is now $11. An awesome 400% gain can't be missed if you found it was heavily accumulated earlier.