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
2021-11-26 DiSimone Harry Director Buy 1,000 $97.21 $97,210 No
2020-11-04 DiSimone Harry Director Buy 1,000 $101.47 $101,470 No
2019-11-20 DiSimone Harry Director Buy 1,000 $115.87 $115,872 No
2018-02-21 DiSimone Harry Director Buy 353 $141.59 $49,981 Yes

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.