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
DraftKings Inc. (DEAC)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-09 MURRAY STEVEN JOSEPH Director Sell 1,545,924 $50.83 $78,579,317 No
2020-10-09 Meckenzie Shalom Director Sell 6,949,088 $50.83 $353,222,143 No
2020-10-09 Salter John S. Director Sell 4,972,572 $50.83 $252,755,835 No
2020-10-09 Nada Hany M Director Sell 946,712 $50.83 $48,121,371 No
2020-10-09 Moore Ryan R Director Sell 1,000,000 $50.83 $50,830,000 No
2020-06-23 Liberman Paul Director Sell 796,348 $38.80 $30,898,302 No
2020-06-18 Robins Jason Director Sell 1,804,980 $38.80 $70,033,224 No
2020-06-23 Levin Woodrow Director Sell 53,112 $38.80 $2,060,746 No
2020-06-23 Nada Hany M Director Sell 966,411 $38.80 $37,496,747 Yes
2020-06-23 Dodge R Stanton Chief Legal Officer Sell 399,416 $38.80 $15,497,341 No
2020-06-23 MURRAY STEVEN JOSEPH Director Sell 1,040,992 $38.80 $40,390,490 No
2020-06-23 Salter John S. Director Sell 3,347,203 $38.80 $129,871,476 No
2020-06-23 Moore Ryan R Director Sell 1,000,000 $38.80 $38,800,000 No
2020-06-23 SLOAN HARRY Director Sell 558,706 $38.80 $21,677,793 No
2020-06-23 Park Jason Chief Financial Officer Sell 76,128 $38.80 $2,953,766 No
2020-06-23 Meckenzie Shalom 10%-Owner, Director Sell 4,680,136 $38.80 $181,589,277 No
2020-06-23 Rosenblatt M Richard Director Sell 23,691 $38.80 $919,211 No
2020-06-23 Kalish Matthew Director Sell 711,463 $38.80 $27,604,764 No

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+.