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
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
2021-01-08 Saba Capital Management, L.P. 10%-Owner Buy 70,811 $13.23 $936,567 No
2021-01-05 Saba Capital Management, L.P. 10%-Owner Buy 18,061 $13.12 $236,960 No
2021-01-04 Saba Capital Management, L.P. 10%-Owner Buy 95,302 $13.19 $1,256,927 No
2020-12-29 Saba Capital Management, L.P. 10%-Owner Buy 73,123 $13.27 $970,536 No
2020-12-23 Saba Capital Management, L.P. 10%-Owner Buy 79,065 $13.28 $1,049,626 No
2020-12-21 Saba Capital Management, L.P. 10%-Owner Buy 41,792 $13.24 $553,359 No
2020-12-17 Saba Capital Management, L.P. 10%-Owner Buy 612,666 $13.26 $8,122,698 No
2020-10-27 Saba Capital Management, L.P. 10%-Owner Buy 112,034 $12.79 $1,432,915 No
2020-10-26 Saba Capital Management, L.P. 10%-Owner Buy 269,103 $12.75 $3,429,766 No
2020-10-22 Saba Capital Management, L.P. 10%-Owner Buy 263,944 $12.78 $3,372,767 No
2020-10-20 Saba Capital Management, L.P. 10%-Owner Buy 285,528 $12.77 $3,646,022 No
2020-10-16 Saba Capital Management, L.P. 10%-Owner Buy 65,958 $12.67 $835,665 No
2020-10-14 Saba Capital Management, L.P. 10%-Owner Buy 146,829 $12.56 $1,844,231 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

Ovintiv Inc (OVV) - Insiders of OVV have been HEAVILY accumulating shares in March with a sub-$3 cost. And the stock is now $11. An awesome 400% gain can't be missed if you found it was heavily accumulated earlier.