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
DoorDash Inc (DASH)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-22 Yandell Keith Chief Business & Legal Officer Sell 12,241 $200.81 $2,458,125 No
2021-06-18 Yandell Keith Chief Business & Legal Officer Sell 40,000 $166.00 $6,639,943 Yes
2021-06-14 Yandell Keith Chief Business & Legal Officer Sell 47,036 $158.34 $7,447,670 Yes
2021-06-08 Yandell Keith Chief Business & Legal Officer Sell 57,572 $140.28 $8,075,972 Yes
2021-05-26 Yandell Keith Chief Business & Legal Officer Sell 118,961 $138.92 $16,526,191 Yes
2021-05-20 Yandell Keith Chief Business & Legal Officer Sell 11,712 $136.67 $1,600,679 No
2021-03-09 Yandell Keith Chief Business & Legal Officer Sell 162,587 $130.00 $21,136,310 Yes

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.