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
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 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

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

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.