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
ESTABLISHMENT LABS HOLDINGS INC. (ESTA)
Sector: Healthcare; Industry: Medical Devices

Establishment Labs Holdings Inc., a medical technology company, manufactures and markets medical devices for aesthetic and reconstructive plastic surgery. The company primarily offers silicone gel-filled breast implants under Motiva Implants brand name.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-17 LEWIN NICHOLAS SHERIDAN Director Buy 350 $59.97 $20,990 No
2021-01-13 Dada Santos Salvador Chief Operating Officer Sell 20,000 $50.44 $1,008,880 No
2021-01-12 Chacon Quiros Juan Jose Chief Executive Officer Sell 50,000 $43.48 $2,174,007 No
2019-08-19 LEWIN NICHOLAS SHERIDAN Director Buy 2,700 $20.11 $54,289 No
2021-01-07 De Mezerville Roberto Chief Technology Officer Sell 10,000 $38.10 $380,977 No
2020-12-30 Dada Santos Salvador Chief Operating Officer Sell 421 $35.03 $14,748 No
2020-12-29 Dada Santos Salvador Chief Operating Officer Sell 11,079 $35.02 $388,021 No
2020-12-23 Dada Santos Salvador Chief Operating Officer Sell 3,500 $35.02 $122,555 No
2020-12-17 De Mezerville Roberto Chief Technology Officer Sell 10,000 $33.12 $331,155 No
2020-12-07 De Mezerville Roberto Chief Technology Officer Sell 10,000 $30.14 $301,427 No
2020-12-03 Dada Santos Salvador Chief Operating Officer Sell 13,001 $27.40 $356,218 No
2020-11-27 Dada Santos Salvador Chief Operating Officer Sell 300 $27.00 $8,100 No
2020-11-25 Chacon Quiros Juan Jose Chief Executive Officer Sell 9,096 $26.70 $242,894 No
2020-11-24 Dada Santos Salvador Chief Operating Officer Sell 1,099 $27.05 $29,725 No
2020-11-23 Chacon Quiros Juan Jose Chief Executive Officer Sell 16,515 $26.48 $437,289 No
2020-11-18 Chacon Quiros Juan Jose Chief Executive Officer Sell 17,930 $26.39 $473,088 No
2020-11-11 Chacon Quiros Juan Jose Chief Executive Officer Sell 6,459 $26.58 $171,705 No
2020-11-11 Dada Santos Salvador Chief Operating Officer Sell 600 $27.12 $16,274 No
2020-05-22 COLLERAN LISA N Director Buy 1,165 $17.83 $20,775 Yes
2020-05-13 De Mezerville Roberto Chief Technology Officer Buy 10 $17.13 $171 No
2019-09-04 COLLERAN LISA N Director Buy 2,835 $21.30 $60,398 No
2019-10-08 JW Asset Management, LLC 10%-Owner Buy 1,000 $18.74 $18,740 No
2019-09-19 JW Asset Management, LLC 10%-Owner Buy 1,000 $20.00 $20,000 No
2019-08-23 JW Asset Management, LLC 10%-Owner Buy 1,000 $20.40 $20,400 No
2019-08-20 JW Asset Management, LLC 10%-Owner Buy 1,000 $20.00 $20,000 No
2019-08-16 JW Asset Management, LLC 10%-Owner Buy 2,000 $21.42 $42,840 No
2019-08-19 LEWIN NICHOLAS SHERIDAN Director Buy 2,700 $20.11 $54,289 No
2019-08-12 JW Asset Management, LLC 10%-Owner Buy 3,000 $22.15 $66,450 No
2019-07-31 JW Asset Management, LLC 10%-Owner Buy 1,500 $25.30 $37,958 No
2019-07-29 JW Asset Management, LLC 10%-Owner Buy 2,500 $25.58 $63,950 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.