Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
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
2007-10-30 SWAFFIELD PAYSON F President Buy 6,124 $16.29 $99,760 No
2005-09-30 SWAFFIELD PAYSON F President Buy 2,845 $17.66 $50,230 No
2005-09-30 SWAFFIELD PAYSON F President Buy 2,845 $17.66 $50,230 No

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.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.