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
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
2010-11-15 Forbes Richard E Director Buy 1,111 $18.00 $20,000 No
2010-11-05 MEHNE GENE C Director Buy 340 $18.52 $6,297 No
2010-08-27 SEGER THOMAS W Director Buy 51,042 $15.50 $791,151 No
2010-07-15 KLEM U BUTCH Director Buy 32 $15.76 $500 No
2010-07-15 Forbes Richard E Director Buy 32 $15.76 $500 No
2010-07-15 VOYLES MICHAEL J Director Buy 32 $15.76 $500 No
2010-07-15 BAWEL DOUGLAS A Director Buy 32 $15.76 $500 No
2010-06-15 KLEM U BUTCH Director Buy 32 $15.42 $500 No
2010-06-08 SENDELWECK KENNETH L PRESIDENT - PRIVATE BKG & WM Buy 50 $15.24 $762 No
2010-05-17 KLEM U BUTCH Director Buy 30 $16.91 $500 No
2010-05-17 Forbes Richard E Director Buy 30 $16.91 $500 No
2010-05-17 BAWEL DOUGLAS A Director Buy 80 $16.91 $1,349 No
2010-05-17 VOYLES MICHAEL J Director Buy 30 $16.91 $500 No
2010-04-15 Forbes Richard E Director Buy 31 $15.93 $500 No
2010-04-15 KLEM U BUTCH Director Buy 63 $15.93 $1,000 No
2010-04-15 BAWEL DOUGLAS A Director Buy 63 $15.93 $1,000 No
2010-04-15 VOYLES MICHAEL J Director Buy 63 $15.93 $1,000 No
2010-03-15 BAWEL DOUGLAS A Director Buy 90 $16.66 $1,500 No
2010-03-15 KLEM U BUTCH Director Buy 90 $16.66 $1,500 No
2010-03-15 VOYLES MICHAEL J Director Buy 90 $16.66 $1,500 No
2010-03-15 Forbes Richard E Director Buy 60 $16.66 $1,000 No
2010-02-04 MEHNE GENE C Director Buy 400 $14.54 $5,816 No
2009-12-15 KLEM U BUTCH Director Buy 30 $16.50 $500 No
2009-12-11 SENDELWECK KENNETH L PRESIDENT - PRIVATE BKG & WM Buy 300 $16.17 $4,851 No
2009-11-16 KLEM U BUTCH Director Buy 31 $15.91 $500 No
2009-11-16 BAWEL DOUGLAS A Director Buy 63 $15.91 $1,000 No
2009-11-16 VOYLES MICHAEL J Director Buy 31 $15.91 $500 No
2009-11-16 Forbes Richard E Director Buy 31 $15.91 $500 No
2009-11-06 MEHNE GENE C Director Buy 6 $14.50 $87 No
2009-10-15 SEGER LARRY J Director Buy 32 $15.60 $500 No

Insider Smart

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?