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
Eagle Bulk Shipping Inc. (EGLE)
Sector: Industrials; Industry: Marine Shipping

Eagle Bulk Shipping Inc., through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including coal, grains, iron ore, fertilizers, steel products, petcoke, cement, and forest products.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-14 De Costanzo Frank Chief Financial Officer Sell 7,213 $52.50 $378,682 No
2021-04-21 De Costanzo Frank Chief Financial Officer Sell 952 $42.35 $40,317 No
2021-04-06 Oaktree Capital Group Holdings GP, LLC 10%-Owner Sell 75,880 $34.87 $2,645,936 No
2021-04-01 Oaktree Capital Group Holdings GP, LLC 10%-Owner Sell 65,259 $35.91 $2,343,594 No
2021-03-29 Oaktree Capital Group Holdings GP, LLC 10%-Owner Sell 23,022 $38.11 $877,349 No
2021-03-18 Oaktree Capital Group Holdings GP, LLC 10%-Owner Sell 138,693 $37.83 $5,247,343 No
2021-03-15 Oaktree Capital Group Holdings GP, LLC 10%-Owner Sell 136,176 $39.12 $5,327,529 No
2021-02-09 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 15,123 $23.73 $358,801 No
2021-01-19 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 3,400 $23.82 $80,988 No
2020-12-18 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Buy 1,091,160 $17.25 $18,822,510 No
2020-12-18 Vogel Gary Chief Executive Officer Buy 8,287 $18.10 $149,995 No
2020-09-24 Vogel Gary Chief Executive Officer Buy 4,000 $16.19 $64,750 No
2020-09-17 Vogel Gary Chief Executive Officer Buy 9,000 $17.79 $160,072 No
2020-01-04 Vogel Gary Chief Executive Officer Sell 17,223 $4.53 $78,059 No
2019-12-30 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Sell 14,398 $4.68 $67,383 No
2019-10-17 Vogel Gary Chief Executive Officer Sell 53,259 $4.63 $246,618 No
2019-08-28 Leand Paul M. Jr. Director Buy 59,300 $4.17 $247,436 No
2019-08-13 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 310,056 $4.20 $1,303,273 No
2019-08-06 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 550,000 $4.32 $2,374,000 No
2019-07-30 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 650,000 $4.56 $2,963,000 No
2019-07-25 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 1,000,000 $4.76 $4,760,000 No
2019-07-11 Vogel Gary Chief Executive Officer Sell 55,000 $5.63 $309,846 No
2019-06-12 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 27,300 $4.67 $127,491 No
2019-06-06 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 560,600 $4.70 $2,634,820 No
2019-06-03 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 146,200 $4.62 $675,444 No
2019-04-24 Vogel Gary Chief Executive Officer Sell 55,000 $5.31 $291,784 No
2019-04-02 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 32,516 $4.69 $152,500 No
2019-03-29 Oaktree Capital Group Holdings GP, LLC 10%-Owner Buy 157,931 $4.54 $716,292 No
2019-03-25 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Buy 226,140 $4.41 $996,654 No
2019-03-13 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Buy 20,596 $4.60 $94,742 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?

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.