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
Walt Disney Co (DIS)
Sector: Communication Services; Industry: Entertainment

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. Its Direct-To-Consumer & International segment operates international television networks and channels comprising Disney, ESPN, Fox, National Geographic, Star, and Other India Channels; direct-to-consumer streaming services consisting of Disney +, ESPN+, Hotstar, and Hulu; and operates branded apps and Websites, such as Disney Movie Club and Disney Digital Network, as well as provides streaming technology support services. The company was founded in 1923 and is based in Burbank, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-01 IGER ROBERT A Executive Chairman Sell 550,570 $179.21 $98,668,463 No
2021-06-02 ARNOLD SUSAN E Director Sell 8,400 $177.75 $1,493,058 No
2021-03-08 IGER ROBERT A Executive Chairman Sell 120,946 $200.82 $24,288,513 Yes
2021-02-24 IGER ROBERT A Executive Chairman Sell 196,158 $200.14 $39,258,454 Yes
2021-02-23 IGER ROBERT A Executive Chairman Sell 220,000 $195.39 $42,985,294 Yes
2021-02-18 Mucha Zenia B. SEVP & Chief Comms Officer Sell 33,969 $183.12 $6,220,407 Yes
2021-02-16 Parker Mary Jayne SEVP and Chief HR Officer Sell 7,436 $185.60 $1,380,130 No
2021-02-08 IGER ROBERT A Executive Chairman Sell 220,000 $190.12 $41,826,466 Yes
2021-02-02 IGER ROBERT A Executive Chairman Sell 237,136 $176.03 $41,743,372 Yes
2021-01-25 McCarthy Christine M SEVP-Chief Financial Officer Sell 25,000 $172.00 $4,300,000 Yes
2021-01-22 IGER ROBERT A Executive Chairman Sell 494,943 $175.89 $87,054,689 Yes
2021-01-20 McCarthy Christine M SEVP-Chief Financial Officer Sell 5,000 $177.24 $886,200 Yes
2021-01-15 McCarthy Christine M SEVP-Chief Financial Officer Sell 4,139 $173.00 $716,047 Yes
2020-12-23 Mucha Zenia B. SEVP & Chief Comms Officer Sell 797 $172.96 $137,849 Yes
2020-12-23 BRAVERMAN ALAN N Sr EVP, General Counsel & Secy Sell 1,187 $172.96 $205,304 Yes
2020-12-23 WOODFORD BRENT EVP, Control, Fin Plan & Tax Sell 1,062 $172.96 $183,684 No
2020-12-22 BRAVERMAN ALAN N Sr EVP, General Counsel & Secy Sell 8,265 $169.75 $1,402,986 Yes
2020-12-22 WOODFORD BRENT EVP, Control, Fin Plan & Tax Sell 4,039 $169.70 $685,431 Yes
2020-12-22 Mucha Zenia B. SEVP & Chief Comms Officer Sell 1,682 $170.00 $285,940 Yes
2020-12-17 Mucha Zenia B. SEVP & Chief Comms Officer Sell 35,906 $173.34 $6,224,065 Yes
2020-12-11 WOODFORD BRENT EVP, Control, Fin Plan & Tax Sell 5,000 $169.71 $848,550 Yes
2020-12-02 Parker Mary Jayne SEVP and Chief HR Officer Sell 9,731 $152.99 $1,488,746 Yes
2020-12-02 WOODFORD BRENT EVP, Control, Fin Plan & Tax Sell 5,000 $153.85 $769,250 Yes
2020-11-24 BRAVERMAN ALAN N Sr EVP, General Counsel & Secy Sell 48,908 $150.00 $7,336,200 Yes
2020-11-24 WOODFORD BRENT EVP, Control, Fin Plan & Tax Sell 5,000 $149.85 $749,250 Yes
2020-11-24 Mucha Zenia B. SEVP & Chief Comms Officer Sell 5,800 $148.00 $858,400 No
2020-11-09 WOODFORD BRENT EVP, Control, Fin Plan & Tax Sell 17,077 $142.25 $2,429,280 Yes
2020-11-09 Mucha Zenia B. SEVP & Chief Comms Officer Sell 5,800 $140.00 $812,000 No
2020-11-09 BRAVERMAN ALAN N Sr EVP, General Counsel & Secy Sell 97,814 $142.50 $13,938,500 Yes
2020-11-09 Chapek Robert A Chief Executive Officer Sell 9,537 $140.00 $1,335,180 No

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.