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
CONSOLIDATED EDISON INC (ED)
Sector: Utilities; Industry: Utilities—Regulated Electric

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,589 customers in parts of Manhattan. The company primarily sells electricity to industrial, commercial, residential, and government customers.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-09-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 116 $85.76 $9,930 No
2022-08-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 21 $97.74 $2,079 No
2022-07-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 21 $99.27 $2,079 No
2022-06-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 103 $95.10 $9,803 No
2022-05-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 21 $99.26 $2,079 No
2022-04-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 22 $92.74 $2,079 No
2022-02-28 Nadkarni Gurudatta D VP, Strategic Planning Buy 24 $85.77 $2,079 No
2021-12-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 110 $85.32 $9,390 No
2021-10-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $75.40 $2,079 No
2021-08-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $75.45 $2,079 No
2021-07-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $73.77 $2,079 No
2021-11-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $75.40 $2,079 No
2021-10-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $75.40 $2,079 No
2021-09-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 127 $72.59 $9,233 No
2021-05-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 27 $77.24 $2,079 No
2021-04-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 27 $77.41 $2,079 No
2021-03-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 119 $74.80 $8,923 No
2021-02-28 Nadkarni Gurudatta D VP, Strategic Planning Buy 32 $65.65 $2,079 No
2021-02-28 Nadkarni Gurudatta D VP, Strategic Planning Buy 32 $65.65 $2,079 No
2021-01-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 29 $70.78 $2,079 No
2020-12-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 120 $72.27 $8,685 No
2020-10-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 26 $78.49 $2,079 No
2020-10-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 26 $78.49 $2,079 No
2020-09-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 110 $77.80 $8,545 No
2020-08-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $73.84 $2,079 No
2020-07-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $74.08 $2,079 No
2020-06-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 112 $74.81 $8,401 No
2020-05-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 28 $72.95 $2,079 No
2020-04-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 25 $82.62 $2,079 No
2020-03-31 Nadkarni Gurudatta D VP, Strategic Planning Buy 101 $82.01 $8,275 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.