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
CARVANA CO. (CVNA)
Sector: Consumer Cyclical; Industry: Internet Retail

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-05-17 QUAYLE J DANFORTH Director Buy 18,750 $39.14 $733,875 No

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PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

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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.