Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Element Solutions Inc (ESI)
Sector: Basic Materials; Industry: Specialty Chemicals

Element Solutions Inc produces and sells specialty chemical products the United States, China, and internationally. This segment primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. This segment's products include electroless nickel products, plating products, pre-treatment and cleaning solutions, functional conversion coatings, hard-coated films, and water treatment products; solid sheet printing elements and liquid imaging products; and offshore fluids. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1922 and is based in Fort Lauderdale, Florida.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2019-02-04 Pershing Square Capital Management, L.P. See Remarks Sell 40,451,506 $11.72 $474,195,196 No
2016-11-10 Pershing Square Capital Management, L.P. 10%-Owner, Director Sell 2,285,888 $8.78 $20,070,097 No

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.

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.