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
Celldex Therapeutics, Inc. (CLDX)
Sector: Healthcare; Industry: Biotechnology

Celldex Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of immunotherapies and other cancer-targeting biologics. The company was incorporated in 1983 and is headquartered in Hampton, New Jersey.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-01 Cavanaugh Sarah SVP of Corp Affairs & Admin. Sell 7,323 $43.26 $316,804 Yes
2020-06-10 Cavanaugh Sarah SVP of Corp Affairs & Admin. Buy 1,050 $4.83 $5,072 No

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.