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
FISERV INC (FISV)
Sector: Technology; Industry: Information Technology Services

Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide. Its First Data segment provides merchant acquiring, e-commerce, mobile commerce, and other business solutions; credit card and loan account processing, commercial payments, customer communications, plastics solutions, customer service, and other products; and various network solutions and security, and risk and fraud management solutions. This segment also offers card and print personalization services; investment account processing services for separately managed accounts; and fraud and risk management products and services. The company also offers bank payment and liquidity management solutions, as well as Internet based mortgage software and mortgage lending technology solutions.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-07-27 Chiarello Guy Chief Operating Officer Sell 4,000 $105.00 $420,000 No
2022-07-22 Chiarello Guy Chief Operating Officer Sell 15,000 $100.00 $1,500,000 Yes
2022-06-14 ValueAct Holdings, L.P. Director Buy 1,000,000 $91.93 $91,931,667 No
2022-05-27 Chiarello Guy Chief Operating Officer Sell 10,000 $100.00 $1,000,000 Yes
2022-05-26 Foskett Christopher M Chief Revenue Officer Sell 8,170 $99.00 $808,830 No
2022-05-09 ValueAct Holdings, L.P. Director Buy 500,000 $94.22 $47,111,992 No
2022-04-28 Chiarello Guy Chief Operating Officer Sell 43,000 $104.31 $4,485,400 Yes
2022-03-28 Chiarello Guy Chief Operating Officer Sell 10,000 $100.04 $1,000,400 Yes
2021-12-30 Chiarello Guy Chief Operating Officer Sell 21,000 $104.88 $2,202,404 Yes
2021-12-16 Chiarello Guy Chief Operating Officer Sell 43,292 $104.81 $4,537,435 Yes
2021-12-15 VIELEHR BYRON C Chief Digital and Data Officer Sell 10,739 $103.18 $1,108,050 No
2021-12-07 Foskett Christopher M EVP, Global Sales Sell 3,000 $105.00 $315,000 No
2021-12-07 Chiarello Guy Chief Operating Officer Sell 20,000 $103.26 $2,065,200 Yes
2021-12-03 Chiarello Guy Chief Operating Officer Sell 60,000 $100.18 $6,010,800 Yes
2021-11-26 DiSimone Harry Director Buy 1,000 $97.21 $97,210 No
2021-11-23 Bisignano Frank President and CEO Buy 10,401 $96.02 $998,679 No
2021-11-23 OLEARY DENIS Director Buy 10,400 $95.99 $998,296 No
2021-11-15 VIELEHR BYRON C Chief Digital and Data Officer Sell 10,000 $100.76 $1,007,600 No
2021-11-10 DAVIS ALISON Director Sell 1,934 $100.17 $193,729 No
2021-11-01 OLEARY DENIS Director Buy 15,700 $99.35 $1,559,795 No
2021-10-15 VIELEHR BYRON C Chief Digital and Data Officer Sell 10,000 $108.55 $1,085,500 No
2021-06-18 VIELEHR BYRON C Chief Digital and Data Officer Sell 5,000 $107.84 $539,210 No
2021-05-03 KKR Group Partnership L.P. 10%-Owner Sell 23,000,000 $117.70 $2,707,100,000 No
2021-05-03 New Omaha Holdings L.P. 10%-Owner Sell 23,000,000 $117.70 $2,707,100,000 No
2021-04-30 Lynch Dennis Director Sell 6,788 $120.00 $814,560 Yes
2021-04-15 Chiarello Guy Chief Administrative Officer Sell 20,000 $124.94 $2,498,800 Yes
2021-03-11 Chiarello Guy Chief Administrative Officer Sell 30,000 $125.67 $3,770,100 Yes
2021-03-10 Simons Doyle Director Sell 10,388 $122.10 $1,268,375 Yes
2021-03-10 Lynch Dennis Director Sell 2,000 $123.12 $246,240 Yes
2021-03-09 McGranahan Devin EVP, Senior Group President Sell 10,000 $123.32 $1,233,160 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

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.