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
2015-02-02 GOLDENTREE ASSET MANAGEMENT LP 10%-Owner Buy 565,000 $9.66 $5,460,000 No
2015-02-02 Davidson Kempner Capital Management LP 10%-Owner Sell 500,000 $9.64 $4,818,000 No
2013-08-19 ZOULLAS SOPHOCLES N Chief Executive Officer Sell 127,229 $3.44 $437,109 No
2007-01-16 KELSO INVESTMENT ASSOCIATES VII LP See Footnote 2 Sell 7,202,679 $16.93 $121,941,355 No
2007-01-16 Kelso GP VII, LLC See Footnote 2 Sell 7,202,679 $16.93 $121,941,355 No
2007-01-16 Eagle Ventures LLC 10%-Owner Sell 7,202,679 $16.93 $121,941,355 No
2006-11-17 KELSO INVESTMENT ASSOCIATES VII LP See Footnote 2 Sell 2,700,000 $15.51 $41,877,000 No
2006-11-17 Kelso GP VII, LLC See Footnote 2 Sell 2,700,000 $15.51 $41,877,000 No
2006-11-17 Eagle Ventures LLC 10%-Owner Sell 2,700,000 $15.51 $41,877,000 No
2006-09-18 KELSO INVESTMENT ASSOCIATES VII LP See Footnote 2 Sell 2,300,000 $14.52 $33,396,000 No
2006-09-18 Kelso GP VII, LLC See Footnote 2 Sell 2,300,000 $14.52 $33,396,000 No
2006-09-18 Eagle Ventures LLC 10%-Owner Sell 2,300,000 $14.52 $33,396,000 No

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.

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.