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
California Resources Corp (CRC)
Sector: Energy; Industry: Oil & Gas E&P

California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2019, the company had net proved reserves of 644 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the grid and utility customers.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-01-19 ARES MANAGEMENT LLC 10%-Owner Sell 178,000 $43.49 $7,741,023 No
2022-01-19 ARES MANAGEMENT LLC 10%-Owner Sell 178,000 $43.49 $7,741,023 No
2022-01-14 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 28,313 $45.10 $1,276,880 No
2022-01-14 ARES MANAGEMENT LLC 10%-Owner Sell 200,000 $44.68 $8,935,980 No
2022-01-12 ARES MANAGEMENT LLC 10%-Owner Sell 300,000 $44.00 $13,198,770 No
2022-01-12 ARES MANAGEMENT LLC 10%-Owner Sell 300,000 $44.00 $13,198,770 No
2022-01-10 ARES MANAGEMENT LLC 10%-Owner Sell 113,340 $43.00 $4,873,292 No
2022-01-10 ARES MANAGEMENT LLC 10%-Owner Sell 113,340 $43.00 $4,873,292 No
2022-01-06 ARES MANAGEMENT LLC 10%-Owner Sell 250,000 $43.71 $10,928,530 No
2022-01-06 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 50,615 $44.44 $2,249,207 No
2022-01-04 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 330,354 $44.02 $14,540,865 No
2022-01-04 ARES MANAGEMENT LLC 10%-Owner Sell 350,000 $44.17 $15,460,602 No
2022-01-04 ARES MANAGEMENT LLC 10%-Owner Sell 350,000 $44.17 $15,460,602 No
2021-12-30 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 3,746 $43.57 $163,213 No
2021-12-31 ARES MANAGEMENT LLC 10%-Owner Sell 61,904 $42.84 $2,652,187 No
2021-12-29 ARES MANAGEMENT LLC 10%-Owner Sell 40,933 $43.12 $1,765,133 No
2021-12-29 ARES MANAGEMENT LLC 10%-Owner Sell 40,933 $43.12 $1,765,133 No
2021-12-28 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 15,918 $43.56 $693,320 No
2021-12-28 ARES MANAGEMENT LLC 10%-Owner Sell 100,000 $43.08 $4,308,020 No
2021-12-28 ARES MANAGEMENT LLC 10%-Owner Sell 100,000 $43.08 $4,308,020 No
2021-12-23 ARES MANAGEMENT LLC 10%-Owner Sell 541 $42.56 $23,027 No
2021-12-23 ARES MANAGEMENT LLC 10%-Owner Sell 541 $42.56 $23,027 No
2021-12-20 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Buy 6,900 $38.70 $267,030 No
2021-12-17 ARES MANAGEMENT LLC 10%-Owner Sell 3,073 $42.50 $130,617 No
2021-12-17 ARES MANAGEMENT LLC 10%-Owner Sell 3,073 $42.50 $130,617 No
2021-12-16 ARES MANAGEMENT LLC 10%-Owner Sell 113,108 $43.00 $4,864,204 No
2021-12-16 ARES MANAGEMENT LLC 10%-Owner Sell 113,108 $43.00 $4,864,204 No
2021-12-14 ARES MANAGEMENT LLC 10%-Owner Sell 101,382 $43.15 $4,375,091 Yes
2021-12-14 ARES MANAGEMENT LLC 10%-Owner Sell 101,382 $43.15 $4,375,091 Yes
2021-12-13 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 10,659 $44.11 $470,219 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.