Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
ENTERCOM COMMUNICATIONS CORP (ETM)
Sector: Communication Services; Industry: Broadcasting

Entercom Communications Corp., a media and entertainment company, engages in radio broadcasting business in the United States. 3 The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-24 FIELD JOSEPH M Chairman Emeritus Buy 162,914 $2.88 $469,898 No
2021-11-19 FIELD DAVID J Chairman, President and CEO Buy 20,000 $2.92 $58,344 No
2021-11-18 FIELD DAVID J Chairman, President and CEO Buy 116,224 $2.88 $334,802 No
2021-08-19 FIELD JOSEPH M Chairman Emeritus Buy 400,000 $3.06 $1,225,910 No
2021-08-11 FIELD DAVID J Chairman, President and CEO Buy 125,000 $3.06 $382,512 No
2021-03-12 KRAMER LOUISE C Director Sell 150,000 $6.10 $915,135 No
2021-03-12 Schmaeling Richard J Executive Vice President & CFO Sell 55,676 $6.08 $338,232 No
2020-11-23 FIELD JOSEPH M Chairman Emeritus Sell 1,000,000 $2.57 $2,570,000 Yes
2020-09-23 FIELD DAVID J Chairman, President and CEO Buy 1,929 $1.46 $2,809 No
2020-09-22 FIELD DAVID J Chairman, President and CEO Buy 248,071 $1.42 $353,099 No
2020-09-16 Philips Robert E Chief Rev. Officer & Pres. EAN Buy 37,037 $1.36 $50,289 No
2020-08-19 FIELD DAVID J Chairman, President and CEO Buy 77,925 $1.65 $128,427 No
2020-08-12 FIELD DAVID J Chairman, President and CEO Buy 122,075 $1.60 $195,058 No
2020-05-20 FIELD JOSEPH M Chairman Emeritus Buy 1,200,000 $1.32 $1,584,001 No
2020-03-26 SELIG STEFAN M Director Buy 100,000 $1.77 $177,300 No
2020-03-26 CREAMER SEAN R Director Buy 25,000 $1.75 $43,712 No
2020-03-24 FIELD JOSEPH M Chairman Emeritus Buy 10,826 $1.60 $17,322 No
2020-03-23 SUTOR ANDREW P IV Exec. Vice Pres. & Secretary Buy 2,500 $1.51 $3,766 No
2020-03-23 FIELD JOSEPH M Chairman Emeritus Buy 69,174 $1.71 $118,349 No
2020-03-17 FIELD JOSEPH M Chairman Emeritus Buy 57,312 $1.72 $98,766 No
2020-03-12 FIELD JOSEPH M Chairman Emeritus Buy 532,017 $2.24 $1,189,112 No
2020-03-11 FIELD DAVID J Chairman, President and CEO Buy 100,000 $2.72 $272,442 No
2020-03-09 FIELD JOSEPH M Chairman Emeritus Buy 50,000 $2.92 $145,788 No
2020-03-02 FIELD JOSEPH M Chairman Emeritus Buy 27,983 $3.24 $90,736 No
2020-02-27 FIELD DAVID J Chairman, President and CEO Buy 100,000 $3.42 $342,470 No
2019-08-14 Neely Susan K Director Buy 7,000 $3.53 $24,695 No
2019-08-13 Schmaeling Richard J Executive Vice President & CFO Buy 55,676 $3.61 $201,143 No
2019-06-24 FIELD JOSEPH M Chairman Emeritus Buy 200,000 $5.96 $1,192,032 No
2019-06-18 FIELD JOSEPH M Chairman Emeritus Buy 200,000 $5.98 $1,195,551 No
2019-06-14 FIELD JOSEPH M Chairman Emeritus Buy 300,000 $5.99 $1,797,550 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.