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
Elanco Animal Health Inc (ELAN)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for companion and food animals. The company sells its products to third-party distributors; veterinarians; and food animal producers, including beef and dairy farmers, as well as pork, poultry, and aquaculture operations in approximately 90 countries in North America, Europe, the Middle East, Africa, Latin America, and the Asia-Pacific. Elanco Animal Health Incorporated was founded in 1954 and is headquartered in Greenfield, Indiana.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-12-03 BAYER AKTIENGESELLSCHAFT 10%-Owner Sell 54,500,000 $29.84 $1,626,367,200 No
2020-08-28 HOOVER R DAVID Director Buy 10,000 $28.43 $284,300 No
2020-08-21 HOOVER R DAVID Director Buy 10,000 $26.94 $269,400 No
2020-08-19 BILBREY JOHN P Director Buy 9,580 $26.20 $250,996 No
2020-08-06 GARCIA ART A Director Buy 2,000 $24.76 $49,520 No
2020-08-03 YOUNG TODD S. nan Buy 7,000 $23.91 $167,400 Yes
2020-03-13 HOOVER R DAVID Director Buy 12,000 $21.97 $263,640 No
2020-03-09 Harrington Michael J Director Buy 4,000 $23.84 $95,360 No
2020-03-06 BILBREY JOHN P Director Buy 3,000 $25.15 $75,450 No
2020-03-04 Anand Kapila K Director Buy 1,000 $26.86 $26,860 No
2020-03-02 HOOVER R DAVID Director Buy 8,000 $27.19 $217,519 No
2019-11-22 BILBREY JOHN P Director Buy 3,766 $26.58 $100,100 No
2019-11-18 Urbanek David Alan See Remarks Buy 228 $26.26 $5,986 No
2019-09-11 Kochevar Deborah Turner Director Buy 1,000 $27.95 $27,950 No
2019-09-04 YOUNG TODD S. See Remarks Buy 10,000 $26.57 $265,700 No
2019-09-04 Simmons Jeffrey N President, CEO & Director Buy 75,750 $26.55 $2,011,162 No
2019-08-22 HOOVER R DAVID Director Buy 15,000 $26.96 $404,400 No
2019-08-22 Hicks Michael-Bryant See Remarks Buy 11,030 $26.65 $293,905 No
2019-04-22 Harrington Michael J Director Buy 3,500 $26.75 $93,608 No
2019-05-13 BILBREY JOHN P Director Buy 7,750 $32.39 $251,022 No
2019-03-13 HOOVER R DAVID Director Buy 20,000 $31.43 $628,586 No
2018-09-24 LIN SARENA S See Remarks Buy 20,000 $24.00 $480,000 No
2018-09-24 Meer James M Chief Accounting Officer Buy 225 $24.00 $5,400 No
2018-09-24 Kinard David S See Remarks Buy 2,500 $24.00 $60,000 No
2018-09-24 Simmons Jeffrey N President, CEO and Director Buy 22,000 $24.00 $528,000 No
2018-09-24 Urbanek David Alan See Remarks Buy 500 $24.00 $12,000 No
2018-09-24 HOOVER R DAVID Director Buy 10,000 $24.00 $240,000 No
2018-09-24 Anand Kapila K Director Buy 1,200 $24.00 $28,800 No
2018-09-24 Kurzius Lawrence Erik Director Buy 10,000 $24.00 $240,000 No
2018-09-24 Hicks Michael-Bryant See Remarks Buy 5,000 $24.00 $120,000 No

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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.