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
Shift4 Payments, Inc. (FOUR)
Sector: Technology; Industry: Software—Infrastructure

Shift4 Payments, Inc. provides integrated payment processing and technology solutions in the United States. The company also offers suite of technology solutions, such as Lighthouse 5, a cloud-based business intelligence tool that includes customer engagement, social media management, online reputation management, scheduling, and product pricing, as well as reporting and analytics; integrated POS for merchants business; and Skytab, a mobile payment solution. The company was founded in 1999 and is headquartered in Allentown, Pennsylvania.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-04 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 208,446 $96.73 $20,163,933 Yes
2021-04-30 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 207,289 $97.77 $20,267,183 Yes
2021-04-28 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 275,972 $98.41 $27,158,535 Yes
2021-04-22 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 259,820 $98.09 $25,486,555 Yes
2021-04-20 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 115,040 $95.09 $10,939,262 Yes
2021-03-16 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 2,000,000 $90.98 $181,965,800 Yes
2020-12-07 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 9,200,000 $53.84 $495,282,000 Yes
2020-10-06 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 1,473,070 $46.68 $68,764,823 Yes
2020-09-15 Searchlight Capital Partners II GP, LLC 10%-Owner Sell 7,856,373 $46.68 $366,745,705 Yes

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Carvana Co (CVNA) - One of the best timed insider buying in the crash is from GARCIA ERNEST C. II 10%-owner of CVNA. Bought at 45 and now with a 100%+ profit.