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
FaceBank Group, Inc. (FUBO)

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-13 BRONFMAN EDGAR JR Executive Chairman Buy 200,000 $10.00 $2,000,000 No
2020-10-13 LEFF DANIEL V Director Buy 200,000 $10.00 $2,000,000 No
2020-09-25 TEXTOR JOHN C 10%-Owner Buy 37,875 $9.02 $341,570 No
2020-09-17 TEXTOR JOHN C 10%-Owner Buy 23,000 $9.47 $217,771 No
2020-08-21 TEXTOR JOHN C 10%-Owner Buy 19,220 $10.74 $206,491 No
2020-05-11 BRONFMAN EDGAR JR Director Buy 285,714 $7.00 $1,999,998 Yes
2019-09-23 TEXTOR JOHN C Chief Executive Officer Buy 1,696 $10.88 $18,454 No
2019-09-09 TEXTOR JOHN C Chief Executive Officer Buy 7,627 $9.20 $70,188 No
2015-06-25 Bafer Alexander CEO & CFO Sell 55,986 $0.32 $17,848 No
2015-06-22 Bafer Alexander CEO & CFO Sell 1,799 $0.30 $540 No

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.