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
Eaton Vance Floating-Rate Income Trust (EFT)
Sector: Financial Services; Industry: Asset Management

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2005-12-27 HAWKES JAMES B Vice President Buy 2,700 $16.77 $45,277 No
2005-12-23 HAWKES JAMES B Vice President Buy 1,500 $16.71 $25,067 No

Insider Smart

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?