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
FRANKLIN WIRELESS CORP (FKWL)
Sector: Technology; Industry: Communication Equipment

Franklin Wireless Corp. provides intelligent wireless solutions. Its products include mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). The company's M2M and IoT solutions include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications.

FKWL Symbol Info by TradingView

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-01-15 Jyoung Joon Won 10%-Owner, Director Sell 864,064 $5.19 $4,484,492 No
2016-11-02 Jyoung Joon Won 10%-Owner, Director Buy 528,350 $2.00 $1,056,700 No
2013-06-27 Jyoung Joon Won 10%-Owner, Director Buy 800,493 $1.40 $1,120,690 No

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.

Insider Smart

Ovintiv Inc (OVV) - Insiders of OVV have been HEAVILY accumulating shares in March with a sub-$3 cost. And the stock is now $11. An awesome 400% gain can't be missed if you found it was heavily accumulated earlier.