Why insider trading matters?

Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

- Peter Lynch
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
2014-04-30 OATES JOSEPH P SVP, Business Shared Services Buy 10 $55.85 $556 No
2014-04-30 Nadkarni Gurudatta D VP, Strategic Planning Buy 37 $55.85 $2,079 No
2014-04-30 McAvoy John President & CEO Buy 80 $55.85 $4,445 No
2014-04-30 HOGLUND ROBERT N SVP & CFO Buy 41 $55.85 $2,315 No
2014-04-30 Cawley Timothy President & CEO, O&R Buy 41 $55.85 $2,316 No
2014-04-30 Muccilo Robert VP & Chief Accounting Officer Buy 36 $55.85 $2,000 No
2014-03-31 RESHESKE FRANCES SVP, Public Affairs Buy 1 $54.27 $62 No
2014-03-31 Moore Elizabeth D SVP & General Counsel Buy 72 $54.27 $3,884 No
2014-03-31 Ivey Craig S President (CECONY) Buy 72 $54.27 $3,906 No
2014-03-31 OATES JOSEPH P SVP, Business Shared Services Buy 25 $54.27 $1,380 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

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.