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
Coldwater Creek Inc (CWTR)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2011-10-19 PENCE DENNIS C Chairman & CEO Buy 8,235,000 $0.85 $6,999,750 No
2011-09-15 PENCE DENNIS C Chairman & CEO Buy 6,000 $1.50 $9,000 No
2011-09-13 PENCE DENNIS C Chairman & CEO Buy 481,714 $1.36 $656,769 No
2011-09-09 PENCE DENNIS C Chairman & CEO Buy 342,876 $1.19 $406,394 No
2011-09-07 PENCE DENNIS C Chairman & CEO Buy 342,876 $0.92 $313,732 No
2009-09-14 PENCE DENNIS C Chairman, President & CEO Sell 150,000 $6.87 $1,031,190 No
2009-09-08 PENCE DENNIS C 10%-Owner, Director Sell 250,000 $6.79 $1,697,850 No

Insider Smart

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.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.