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
2020-11-18 YABUKI JEFFERY W Executive Chairman Sell 30,000 $109.06 $3,271,679 No
2020-11-16 YABUKI JEFFERY W Executive Chairman Sell 2,200 $109.47 $240,834 No
2020-10-22 YABUKI JEFFERY W Executive Chairman Sell 30,000 $99.87 $2,996,036 No
2020-09-16 YABUKI JEFFERY W Executive Chairman Sell 30,000 $102.44 $3,073,299 No
2020-08-19 YABUKI JEFFERY W Executive Chairman Sell 30,000 $101.96 $3,058,709 No
2020-07-15 YABUKI JEFFERY W Executive Chairman Sell 30,000 $100.83 $3,024,803 No
2020-06-19 YABUKI JEFFERY W Chairman and CEO Sell 2,500 $101.61 $254,025 No
2020-06-17 YABUKI JEFFERY W Chairman and CEO Sell 30,000 $103.42 $3,102,474 No
2020-05-20 YABUKI JEFFERY W Chairman and CEO Sell 300,000 $104.78 $31,434,143 Yes
2020-04-17 YABUKI JEFFERY W Chairman and CEO Sell 10,000 $100.30 $1,003,000 No
2020-04-15 YABUKI JEFFERY W Chairman and CEO Sell 20,000 $93.57 $1,871,307 No
2020-03-18 YABUKI JEFFERY W Chairman and CEO Sell 20,000 $80.36 $1,607,212 No
2020-02-19 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $123.20 $3,080,000 No
2020-01-15 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $118.58 $2,964,470 No
2019-12-19 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $116.19 $2,904,642 No
2019-12-10 YABUKI JEFFERY W Chairman and CEO Sell 45,000 $114.29 $5,143,050 Yes
2019-11-20 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $115.59 $2,889,647 No
2019-10-16 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $106.33 $2,658,224 No
2019-09-18 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $103.67 $2,591,694 No
2019-08-21 YABUKI JEFFERY W Chairman and CEO Sell 25,000 $107.45 $2,686,300 No
2019-07-26 YABUKI JEFFERY W Chairman and CEO Sell 20,000 $103.20 $2,063,953 No
2019-07-17 YABUKI JEFFERY W President and CEO Sell 20,000 $94.25 $1,885,000 No
2019-06-19 YABUKI JEFFERY W President and CEO Sell 20,000 $89.23 $1,784,510 No
2019-05-21 YABUKI JEFFERY W President and CEO Sell 2,000 $88.95 $177,900 No
2019-05-15 YABUKI JEFFERY W President and CEO Sell 20,000 $85.49 $1,709,800 No
2019-04-17 YABUKI JEFFERY W President and CEO Sell 20,000 $85.21 $1,704,200 No
2019-03-20 YABUKI JEFFERY W President and CEO Sell 50,000 $83.96 $4,198,247 No
2019-02-20 YABUKI JEFFERY W President and CEO Sell 50,000 $84.85 $4,242,500 No
2019-01-16 YABUKI JEFFERY W President and CEO Sell 50,000 $71.20 $3,560,159 No
2018-12-19 YABUKI JEFFERY W President and CEO Sell 50,000 $73.98 $3,699,032 No

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.

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.