Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
GERMAN AMERICAN BANCORP, INC. (GABC)
Sector: Financial Services; Industry: Banks—Regional

German American Bancorp, Inc. operates as the bank holding company for German American Bank that provides retail and commercial banking services. The Core Banking segment accepts various deposit products from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2011-05-16 SENDELWECK KENNETH L PRESIDENT - PRIVATE BKG & WM Buy 100 $16.88 $1,688 No
2011-04-28 Ramsey Chris A Director Buy 470 $17.00 $7,990 No
2011-04-15 SEGER THOMAS W Director Buy 52 $16.34 $850 No
2011-04-15 VOYLES MICHAEL J Director Buy 52 $16.34 $850 No
2011-04-15 KLEM U BUTCH Director Buy 171 $16.34 $2,800 No
2011-04-15 Forbes Richard E Director Buy 31 $16.34 $500 No
2011-04-15 ERNST CHRISTINA M Director Buy 31 $16.34 $500 No
2011-03-15 ERNST CHRISTINA M Director Buy 98 $16.32 $1,600 No
2011-03-15 Forbes Richard E Director Buy 52 $16.32 $850 No
2011-03-15 KLEM U BUTCH Director Buy 2,451 $16.32 $40,000 No
2011-03-15 BAWEL DOUGLAS A Director Buy 95 $16.32 $1,550 No
2011-03-15 VOYLES MICHAEL J Director Buy 107 $16.32 $1,750 No
2011-02-18 VOYLES MICHAEL J Director Buy 48 $17.65 $850 No
2011-02-18 BAWEL DOUGLAS A Director Buy 415 $17.65 $7,330 No
2011-02-18 Forbes Richard E Director Buy 68 $17.65 $1,200 No
2011-02-18 ERNST CHRISTINA M Director Buy 28 $17.65 $500 No
2011-02-18 KLEM U BUTCH Director Buy 2,315 $17.65 $40,850 No
2011-02-18 Fine Marc D Director Sell 4,693 $17.55 $82,341 No
2011-02-17 Fine Marc D Director Sell 500 $17.51 $8,755 No
2011-02-16 SENDELWECK KENNETH L PRESIDENT - PRIVATE BKG & WM Buy 700 $17.63 $12,341 No
2011-02-17 Fine Marc D Director Sell 500 $17.51 $8,753 No
2011-01-18 VOYLES MICHAEL J Director Buy 67 $17.98 $1,200 No
2011-01-18 KLEM U BUTCH Director Buy 67 $17.98 $1,200 No
2011-01-18 ERNST CHRISTINA M Director Buy 47 $17.98 $850 No
2011-01-18 Forbes Richard E Director Buy 47 $17.98 $850 No
2011-01-18 BAWEL DOUGLAS A Director Buy 47 $17.98 $850 No
2010-12-15 KLEM U BUTCH Director Buy 715 $18.04 $12,900 No
2010-12-15 VOYLES MICHAEL J Director Buy 377 $18.04 $6,800 No
2010-12-15 ERNST CHRISTINA M Director Buy 269 $18.04 $4,850 No
2010-12-15 BAWEL DOUGLAS A Director Buy 524 $18.04 $9,450 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

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.