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
2010-04-27 Bernstein David Sr. Vice President-Finance, CFO Sell 4,800 $43.40 $208,320 Yes
2010-02-02 PEREZ ARNALDO SVP, Gen Counsel & Secretary Sell 9,000 $34.52 $310,713 Yes
2010-02-01 RATCLIFFE PETER GERVIS Director Sell 11,465 $33.91 $388,751 Yes
2009-11-11 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 68,311 $31.57 $2,156,720 No
2009-11-11 ARISON MICKY MEIR Chairman & CEO Sell 92,434 $31.57 $2,918,331 No
2009-11-09 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 84,982 $31.04 $2,638,185 No
2009-11-09 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $31.04 $3,570,625 No
2009-11-05 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 79,594 $30.42 $2,421,562 No
2009-11-05 ARISON MICKY MEIR Chairman & CEO Sell 107,724 $30.42 $3,277,387 No
2009-11-02 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 765 $30.00 $22,950 No
2009-11-02 ARISON MICKY MEIR Chairman & CEO Sell 1,035 $30.00 $31,050 No
2009-10-30 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 56,316 $30.32 $1,707,471 No
2009-10-30 ARISON MICKY MEIR Chairman & CEO Sell 76,221 $30.32 $2,310,980 No
2009-10-28 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 46,485 $30.42 $1,414,102 No
2009-10-28 ARISON MICKY MEIR Chairman & CEO Sell 62,915 $30.42 $1,913,913 No
2009-10-28 WEISENBURGER RANDALL J Director Buy 20,000 $29.54 $590,740 No
2009-10-26 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 84,982 $31.61 $2,686,468 No
2009-10-26 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $31.61 $3,635,972 No
2009-10-22 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 84,982 $32.93 $2,798,270 No
2009-10-22 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $32.93 $3,787,290 No
2009-10-20 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 84,982 $33.47 $2,844,105 No
2009-10-20 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $33.47 $3,849,325 No
2009-10-20 SUBOTNICK STUART Director Sell 2,000 $33.08 $66,169 No
2009-10-16 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 84,982 $33.23 $2,824,232 No
2009-10-16 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $33.23 $3,822,428 No
2009-10-15 MBA I, L.P. See Remarks Sell 13,117 $33.36 $437,634 No
2009-10-15 ARTSFARE 2006 TRUST NO. 2 See Remarks Sell 78,774 $33.36 $2,628,208 No
2009-10-14 NICKEL CONTINUED IRREVOCABLE TRUST See Remarks Sell 84,982 $32.93 $2,798,126 No
2009-10-14 ARISON MICKY MEIR Chairman & CEO Sell 115,018 $32.93 $3,787,094 No
2009-10-14 MBA I, L.P. See Remarks Sell 28,572 $32.92 $940,629 No

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

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.