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
CONSUMER PORTFOLIO SERVICES, INC. (CPSS)
Sector: Financial Services; Industry: Credit Services

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. The company also acquires installment purchase contracts in four merger and acquisition transactions; and offers financing directly to sub-prime consumers to facilitate their purchase of a new or used automobile, light truck, or passenger van. The company was founded in 1991 and is headquartered in Irvine, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-01-18 BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. 10%-Owner Buy 24,043 $10.63 $255,559 No
2022-01-13 BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. 10%-Owner Buy 24,562 $10.59 $260,047 No
2021-11-17 Grasso Louis M Director Buy 2,000 $8.43 $16,860 No
2021-11-12 CREATURA MARK Sr. Vice President Sell 7,000 $8.07 $56,510 No
2021-06-22 Grasso Louis M Director Buy 200 $4.51 $902 No
2021-06-09 Grasso Louis M Director Buy 100 $4.80 $480 No
2021-05-19 Washer Greg Director Buy 3,346 $4.19 $14,025 No
2020-12-10 Washer Greg Director Sell 30,094 $4.03 $121,381 No
2020-12-09 Washer Greg Director Sell 41,674 $4.06 $169,373 No
2020-12-08 CREATURA MARK Sr. Vice President Sell 30,650 $4.05 $124,161 No
2021-06-22 Grasso Louis M Director Buy 200 $4.51 $902 No
2021-06-09 Grasso Louis M Director Buy 100 $4.80 $480 No
2021-05-25 Grasso Louis M Director Buy 92 $4.50 $414 No
2021-05-18 Grasso Louis M Director Buy 1,000 $4.12 $4,120 No
2021-05-19 Washer Greg Director Buy 3,346 $4.19 $14,025 No
2021-03-08 WOOD DANIEL S Director Sell 17,000 $4.30 $73,100 No
2020-12-16 Washer Greg Director Sell 51,976 $4.05 $210,423 No
2020-12-10 Washer Greg Director Sell 30,094 $4.03 $121,381 No
2020-12-09 Washer Greg Director Sell 41,674 $4.06 $169,373 No
2020-12-08 CREATURA MARK Sr. Vice President Sell 30,650 $4.05 $124,161 No
2019-11-13 Washer Greg Director Sell 40,000 $3.42 $136,802 No
2019-11-07 Washer Greg Director Sell 13,369 $3.42 $45,722 No
2019-03-08 Rayhill Brian Director Sell 24,500 $4.20 $102,900 Yes
2018-12-14 Washer Greg Director Sell 23,631 $3.41 $80,689 No
2018-07-10 CITIGROUP INC 10%-Owner Sell 5 $4.00 $20 Yes
2018-02-17 TERRY CHRIS Sr. Vice President Sell 90,000 $4.13 $371,700 No
2017-12-19 SECOND CURVE CAPITAL LLC 10%-Owner Sell 150,000 $4.21 $631,500 No
2017-12-07 WOOD DANIEL S Director Sell 10,000 $4.32 $43,200 No
2017-12-06 POWELL CURTIS K Senior Vice President Sell 6,900 $4.36 $30,100 No
2017-11-28 SECOND CURVE CAPITAL LLC 10%-Owner Sell 8,000 $4.10 $32,761 No

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.

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.