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
2022-04-04 SMITH PATRICK F PRESIDENT, INTEGRATED DRUG DEV Sell 3,352 $22.29 $74,716 Yes
2022-03-17 SLAINE MASON P Director Sell 250,000 $20.21 $5,052,500 No
2022-03-16 Feehery William F CHIEF EXECUTIVE OFFICER Sell 62,485 $20.17 $1,260,322 No
2022-03-11 Feehery William F CHIEF EXECUTIVE OFFICER Sell 27,515 $20.29 $558,279 No
2022-02-18 Feehery William F CHIEF EXECUTIVE OFFICER Sell 75,000 $23.35 $1,751,168 No
2022-02-17 Feehery William F CHIEF EXECUTIVE OFFICER Sell 90,000 $24.32 $2,188,602 No
2022-01-26 Traynor Richard M. SVP AND GENERAL COUNSEL Sell 3,000 $26.01 $78,030 No
2022-01-20 Edge Justin PRES., REGULATORY & ACCESS Sell 5,000 $27.50 $137,500 No
2022-01-18 Traynor Richard M. SVP AND GENERAL COUNSEL Sell 5,000 $27.44 $137,200 No
2022-01-03 SLAINE MASON P Director Sell 50,000 $28.63 $1,431,500 No
2021-12-23 CASHMAN JAMES E III Director Sell 25,111 $29.20 $733,241 No
2021-12-22 CASHMAN JAMES E III Director Sell 19,889 $29.00 $576,781 No
2021-12-22 Feehery William F CHIEF EXECUTIVE OFFICER Sell 75,000 $28.58 $2,143,500 No
2021-12-20 Choe Jieun W. CHIEF STRATEGY & MARKETING Sell 7,500 $28.00 $210,000 No
2021-12-17 Choe Jieun W. CHIEF STRATEGY & MARKETING Sell 5,000 $26.13 $130,650 No
2021-12-13 SLAINE MASON P Director Sell 50,000 $28.05 $1,402,550 No
2021-12-07 Feehery William F CHIEF EXECUTIVE OFFICER Sell 70,000 $27.77 $1,943,764 No
2021-12-03 Feehery William F CHIEF EXECUTIVE OFFICER Sell 70,000 $26.02 $1,821,225 No
2021-11-24 Feehery William F CHIEF EXECUTIVE OFFICER Sell 145,000 $28.43 $4,122,545 No
2021-11-22 SLAINE MASON P Director Sell 376,149 $29.74 $11,187,047 No
2021-11-19 Feehery William F CHIEF EXECUTIVE OFFICER Sell 70,000 $30.31 $2,121,700 No
2021-11-19 Choe Jieun W. CHIEF STRATEGY & MARKETING Sell 20,000 $30.30 $606,000 No
2021-11-15 Schemick Michael Andrew CHIEF FINANCIAL OFFICER Sell 66,666 $37.84 $2,522,545 No
2021-10-27 Feehery William F CHIEF EXECUTIVE OFFICER Sell 75,000 $39.24 $2,943,104 No
2021-10-26 Traynor Richard M. SVP AND GENERAL COUNSEL Sell 3,000 $39.95 $119,850 No
2021-10-26 Edge Justin PRES., REGULATORY & ACCESS Sell 3,000 $39.95 $119,850 No
2021-10-21 Edge Justin PRES., REGULATORY & ACCESS Sell 6,116 $38.60 $236,078 No
2021-10-19 Choe Jieun W. CHIEF STRATEGY & MARKETING Sell 20,000 $38.08 $761,621 No
2021-10-19 Edge Justin PRES., REGULATORY & ACCESS Sell 1,210 $38.55 $46,646 No
2021-10-18 Schemick Michael Andrew CHIEF FINANCIAL OFFICER Sell 66,667 $36.48 $2,432,215 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.