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
Facebook Inc (FB)
Sector: Communication Services; Industry: Internet Content & Information

Facebook, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. It also provides Oculus, a hardware, software, and developer ecosystem, which allows people to come together and connect with each other through its Oculus virtual reality products.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-28 Newstead Jennifer Chief Legal Officer Sell 342 $169.90 $58,106 No
2022-06-14 Newstead Jennifer Chief Legal Officer Sell 342 $165.89 $56,734 No
2022-06-07 Newstead Jennifer Chief Legal Officer Sell 342 $191.93 $65,640 No
2022-05-31 Newstead Jennifer Chief Legal Officer Sell 342 $194.93 $66,666 No
2022-05-24 Newstead Jennifer Chief Legal Officer Sell 342 $180.53 $61,741 No
2022-05-15 Wehner David M. Chief Financial Officer Sell 1,222 $198.62 $242,714 Yes
2022-05-17 Taylor Susan J.S. Chief Accounting Officer Sell 1,420 $202.16 $287,067 Yes
2022-05-16 Levine Marne L. Chief Business Officer Sell 17,805 $197.96 $3,524,646 Yes
2022-05-10 Newstead Jennifer Chief Legal Officer Sell 311 $199.60 $62,076 No
2022-04-19 Newstead Jennifer Chief Legal Officer Sell 476 $210.70 $100,294 No
2022-03-29 Newstead Jennifer Chief Legal Officer Sell 476 $226.24 $107,690 No
2022-03-22 Newstead Jennifer Chief Legal Officer Sell 768 $211.37 $162,332 Yes
2022-03-15 Newstead Jennifer Chief Legal Officer Sell 330 $190.69 $62,928 No
2022-03-08 Newstead Jennifer Chief Legal Officer Sell 330 $187.80 $61,974 No
2022-02-22 Newstead Jennifer Chief Legal Officer Sell 330 $202.23 $66,736 No
2022-02-15 Wehner David M. Chief Financial Officer Sell 1,095 $217.70 $238,382 Yes
2022-02-15 Levine Marne L. Chief Business Officer Sell 9,571 $217.70 $2,083,607 Yes
2022-02-01 Newstead Jennifer Chief Legal Officer Sell 125 $314.46 $39,308 No
2022-01-25 Newstead Jennifer Chief Legal Officer Sell 125 $299.77 $37,471 No
2022-01-18 Newstead Jennifer Chief Legal Officer Sell 125 $322.45 $40,306 No
2022-01-04 Newstead Jennifer Chief Legal Officer Sell 250 $339.33 $84,832 No
2021-12-28 Newstead Jennifer Chief Legal Officer Sell 1,120 $351.03 $393,154 No
2021-12-21 Newstead Jennifer Chief Legal Officer Sell 250 $328.54 $82,134 No
2021-12-08 Newstead Jennifer Chief Legal Officer Sell 250 $326.14 $81,535 No
2021-11-30 Newstead Jennifer Chief Legal Officer Sell 250 $335.00 $83,750 No
2021-11-17 Wehner David M. Chief Financial Officer Sell 1,039 $344.22 $357,645 No
2021-11-22 Levine Marne L. Chief Business Officer Sell 8,934 $348.90 $3,117,073 No
2021-11-17 Wehner David M. Chief Financial Officer Sell 11,152 $343.76 $3,833,597 Yes
2021-11-17 Taylor Susan J.S. Chief Accounting Officer Sell 1,378 $344.22 $474,335 Yes
2021-11-15 Levine Marne L. Chief Business Officer Sell 10,254 $340.89 $3,495,486 Yes

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.

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.