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
Certara, Inc. (CERT)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-01 Aspbury Robert PRESIDENT, SIMCYP Sell 19,354 $33.78 $653,775 No
2021-08-16 Traynor Richard M. SVP AND GENERAL COUNSEL Sell 8,000 $28.58 $228,640 No
2021-08-11 Aspbury Robert PRESIDENT, SIMCYP Sell 19,354 $27.54 $533,009 No
2021-07-28 Feehery William F CHIEF EXECUTIVE OFFICER Sell 75,000 $26.16 $1,962,000 No
2021-07-01 Aspbury Robert PRESIDENT, SIMCYP Sell 19,354 $28.03 $542,493 No
2021-06-28 Traynor Richard M. SVP AND GENERAL COUNSEL Sell 3,000 $28.38 $85,140 No
2021-06-24 Traynor Richard M. SVP AND GENERAL COUNSEL Sell 5,000 $26.37 $131,850 No
2021-06-22 Schemick Michael Andrew CHIEF FINANCIAL OFFICER Sell 66,666 $26.94 $1,795,982 No
2021-06-16 Edge Justin PRES., REGULATORY & ACCESS Sell 5,000 $27.02 $135,075 No
2021-06-14 Aspbury Robert PRESIDENT, SIMCYP Sell 19,354 $27.59 $533,906 No
2021-06-11 Rayner Craig R. PRESIDENT, INTEGRATED DRUG DEV Sell 108,924 $25.71 $2,800,164 No
2021-03-29 EQT Avatar Parent L.P. 10%-Owner Sell 8,674,151 $24.12 $209,263,893 No
2020-12-15 WALSH MATTHEW M Director Buy 5,000 $23.00 $115,000 No
2020-12-15 EQT Avatar Parent L.P. 10%-Owner Sell 14,167,717 $21.62 $306,306,042 No
2020-12-15 CASHMAN JAMES E III Director Buy 20,000 $23.00 $460,000 No
2020-12-15 McLean Stephen M. Director Buy 22,000 $23.00 $506,000 No
2020-12-15 Traynor Richard M. SVP and General Counsel Buy 245 $23.00 $5,635 No

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.