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
Fortune Brands Home & Security, Inc. (FBHS)
Sector: Consumer Cyclical; Industry: Furnishings, Fixtures & Appliances

Fortune Brands Home & Security, Inc., together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. The Plumbing segment manufactures, assembles, and sells faucets, accessories, kitchen sinks, and waste disposals in the United States, China, Canada, Mexico, Southeast Asia, Europe, and South America directly through its own sales force, as well as through independent manufacturers' representatives primarily to wholesalers, home centers, mass merchandisers, and industrial distributors. This segment also manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock and American Lock brand names; and fire resistant safes, security containers, and commercial cabinets under the SentrySafe brand name. It serves home centers, hardware and other retailers, millwork building products and wholesale distributors, specialty dealers, and remodeling and renovation markets, as well as locksmiths, industrial and institutional users, and original equipment manufacturers. The company was founded in 1988 and is headquartered in Deerfield, Illinois.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-02-07 Thomas Martin SVP Ops &Supply Chain Strategy Sell 4,262 $89.28 $380,531 No
2021-11-03 PHYFER CHERI M President, Global Plumbing Sell 23,715 $101.15 $2,398,713 Yes
2021-06-01 HACKETT ANN F Director Sell 1,346 $104.43 $140,563 No
2021-05-10 Luburic Danny Vice President & Controller Sell 13,230 $113.72 $1,504,526 Yes
2021-05-04 Biggart Robert K. Sr. VP, General Counsel & Secy Sell 20,900 $107.90 $2,255,050 Yes
2021-05-04 Fink Nicholas I. Chief Executive Officer Sell 17,000 $106.35 $1,807,996 No
2021-05-04 Hallinan Patrick D SVP & CFO Sell 18,250 $107.66 $1,964,791 No
2021-03-11 PHYFER CHERI M President, Global Plumbing Sell 3,348 $89.60 $299,967 No
2021-03-03 Lantz Brian C SVP Communications & Admin. Sell 773 $84.91 $65,635 No
2020-12-18 WATERS RONALD V Director Sell 3,000 $91.00 $273,000 No
2020-12-14 Hallinan Patrick D SVP & CFO Sell 750 $83.55 $62,662 Yes
2020-11-02 KLEIN CHRISTOPHER J Executive Chairman Sell 108,200 $80.21 $8,678,294 Yes
2020-08-19 KLEIN CHRISTOPHER J Executive Chairman Sell 70,000 $84.58 $5,920,451 Yes
2020-08-07 Luburic Danny Vice President & Controller Sell 4,600 $79.32 $364,864 Yes
2020-08-05 FINLEY BRETT E President, Doors & Security Sell 39,527 $78.20 $3,090,822 Yes
2020-08-05 Hallinan Patrick D SVP & CFO Sell 14,700 $78.08 $1,147,736 Yes
2020-08-04 KLEIN CHRISTOPHER J Executive Chairman Sell 116,000 $77.53 $8,993,689 No
2020-07-31 Fink Nicholas I. Chief Executive Officer Sell 30,000 $76.01 $2,280,432 Yes
2020-07-31 KLEIN CHRISTOPHER J Executive Chairman Sell 135,600 $75.88 $10,289,111 Yes
2020-07-31 Lantz Brian C SVP Communications & Admin. Sell 12,000 $75.94 $911,234 Yes
2020-06-05 Lantz Brian C SVP Communications & Admin. Sell 14,745 $67.74 $998,778 Yes
2020-05-22 Luburic Danny Vice President & Controller Sell 2,000 $60.17 $120,350 No
2020-02-21 KLEIN CHRISTOPHER J Executive Chairman Sell 89,700 $71.56 $6,418,762 Yes
2019-10-28 PHYFER CHERI M President, Global Plumbing Buy 215 $60.82 $13,075 No
2019-12-04 KLEIN CHRISTOPHER J Chief Executive Officer Sell 50,000 $63.41 $3,170,560 Yes
2019-11-15 KLEIN CHRISTOPHER J Chief Executive Officer Sell 97,439 $63.07 $6,145,322 No
2019-11-15 HACKETT ANN F Director Sell 2,387 $62.83 $149,970 No
2019-11-05 KLEIN CHRISTOPHER J Chief Executive Officer Sell 110,530 $62.27 $6,882,526 Yes
2019-10-25 Luburic Danny Vice President & Controller Sell 7,500 $61.09 $458,191 Yes
2019-10-28 Randich David President MasterBrand Cabinets Sell 11,906 $60.96 $725,784 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

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.