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
First Choice Bancorp (FCBP)
Sector: Financial Services; Industry: Banks—Regional

First Choice Bancorp operates as the bank holding company for First Choice Bank that provides retail, personal, and commercial banking products and services to individuals, families, and small and medium-sized businesses. The company also provides treasury management, online and mobile banking, commercial credit cards, debit cards, and automated teller machines, as well as bank-by-mail, courier, commercial cash vault, domestic and international wires, and international services. The company was founded in 2005 and is headquartered in Cerritos, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-12-30 Franko Robert President & CEO Buy 610 $18.30 $11,153 No
2020-12-30 Pranav Pravin Director Buy 2,530 $18.35 $46,420 No
2020-12-30 Hui Peter Chairman of the Board Buy 11,086 $18.14 $201,060 No
2020-12-30 Thong Phillip Vice Chairman of the Board Buy 1,791 $18.28 $32,732 No
2020-12-30 May Leonard EVP & Chief Credit Officer Buy 104 $18.14 $1,879 No
2020-12-28 GRAY JAMES H Director Buy 230 $18.14 $4,178 No
2020-12-30 Bhakta Roshan Director Buy 1,691 $18.15 $30,693 No
2020-10-23 Dang Khoi EVP & General Counsel Buy 3,470 $14.34 $49,764 No
2020-10-23 May Leonard EVP & Chief Credit Officer Sell 9,886 $14.15 $139,845 No
2020-09-03 Pranav Pravin Director Buy 2,948 $15.50 $45,688 No
2020-09-03 Hui Peter Chairman of the Board Buy 12,539 $15.79 $197,926 No
2020-09-03 MAIZEL LUIS Director Buy 620 $15.57 $9,651 No
2020-09-03 Thong Phillip Vice Chairman of the Board Buy 2,067 $15.60 $32,233 No
2020-09-03 Bhakta Roshan Director Buy 1,917 $15.76 $30,214 No
2020-06-04 MAIZEL LUIS Director Buy 144 $15.81 $2,272 No
2020-06-04 Hui Peter Chairman of the Board Buy 12,210 $15.81 $193,004 No
2020-06-04 Thong Phillip Vice Chairman of the Board Buy 689 $15.81 $10,892 No
2020-06-04 May Leonard EVP & Chief Credit Officer Buy 153 $15.81 $2,426 No
2020-06-04 GRAY JAMES H Director Buy 256 $15.81 $4,049 No
2020-06-04 Franko Robert President & CEO Buy 171 $15.81 $2,697 No
2020-06-04 Bhakta Roshan Director Buy 1,736 $15.81 $27,435 No
2020-06-11 Jensen Fred Director Sell 10,000 $14.79 $147,892 No
2020-06-05 McKenzie-Tallerico Mary Lynn Director Buy 2,000 $17.47 $34,940 No
2020-06-05 GRAY JAMES H Director Buy 256 $15.81 $4,049 No
2020-06-05 MAIZEL LUIS Director Buy 582 $16.32 $9,506 No
2020-06-04 Pranav Pravin Director Buy 2,730 $16.49 $45,014 No
2020-06-05 Hui Peter Chairman of the Board Buy 12,322 $15.81 $194,846 No
2020-06-05 Thong Phillip Vice Chairman of the Board Buy 1,953 $16.25 $31,733 No
2020-06-05 May Leonard EVP & Chief Credit Officer Buy 262 $16.09 $4,217 No
2020-06-05 Franko Robert President & CEO Buy 663 $16.31 $10,814 No

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

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.