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
DoorDash Inc (DASH)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-12-22 Payne Christopher D President and COO Sell 44,000 $148.65 $6,540,657 Yes
2021-11-24 Payne Christopher D President and COO Sell 44,000 $186.50 $8,206,171 Yes
2021-10-28 Payne Christopher D President and COO Sell 44,000 $198.57 $8,737,029 Yes
2021-06-25 Payne Christopher D President and COO Sell 44,000 $177.82 $7,823,989 Yes
2021-06-07 Payne Christopher D Chief Operating Officer Sell 58,367 $138.37 $8,076,062 No
2021-05-20 Payne Christopher D Chief Operating Officer Sell 14,380 $136.67 $1,965,315 No
2021-03-09 Payne Christopher D Chief Operating Officer Sell 265,740 $135.53 $36,016,530 Yes

Insider Smart

Liberty Media Corp (LSXMA) - BERKSHIRE HATHAWAY INC, Buffett made a move and add 2M shares to their position. What a news after dumping Airlines.