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
Great American Group Inc (GAMR)
Sector: Financial Services; Industry: Financial Conglomerates

B. Riley Financial, Inc., through its subsidiaries, provides collaborative financial services and solutions in North America, Australia, and Europe. The Capital Markets segments offers range of investment banking, corporate finance, consulting, financial advisory, research, securities lending, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Auction and Liquidation Segment offers retail store liquidation, and wholesale and industrial assets disposition services. The Principal Investments - United Online and magicJack segment provides consumer subscription services consisting of Internet access services and devices under the NetZero and Juno brands, as well as voice over IP cloud-based technology and communication services. In addition, it offers advisory services to private funds, and institutional and high net worth investors; brokerage services; senior secured and second lien secured loans to middle market public and the private U.S. companies; and consulting services to shareholders, creditors, and companies. B. Riley Financial, Inc. was founded in 1973 and is headquartered in Woodland Hills, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-05-13 RILEY BRYANT R Chairman and Co-CEO Buy 50,000 $48.30 $2,414,860 No
2022-05-11 KELLEHER THOMAS J /ADV Co-CEO Buy 5,000 $46.14 $230,684 No
2022-05-09 Labran Renee E Director Buy 408 $48.98 $19,984 No
2022-05-10 RILEY BRYANT R Chairman and Co-CEO Buy 75,000 $46.99 $3,523,990 No
2022-05-03 PAULSON RANDALL E Director Buy 10,000 $48.46 $484,592 No
2022-05-03 RILEY BRYANT R Chairman and Co-CEO Buy 48,814 $48.71 $2,377,662 No
2022-05-02 RILEY BRYANT R Chairman and Co-CEO Buy 192,529 $46.85 $9,020,138 No
2022-05-02 Moore Andrew CEO B. Riley Securities, Inc. Buy 10,000 $45.94 $459,377 No
2022-05-02 Young Kenneth M President Buy 2,500 $46.69 $116,734 No
2022-05-02 Sheldon Michael Joseph Director Buy 10,000 $47.68 $476,792 No
2022-05-02 ANTIN ROBERT L Director Buy 10,000 $45.53 $455,300 No
2022-02-28 PAULSON RANDALL E Director Buy 40,000 $59.04 $2,361,530 No
2022-03-01 Labran Renee E Director Buy 340 $58.53 $19,899 No
2022-03-01 Young Kenneth M President Buy 10,000 $58.98 $589,752 No
2022-02-28 KELLEHER THOMAS J /ADV Co-CEO Buy 4,300 $58.64 $252,154 No
2022-03-01 RILEY BRYANT R Chairman and Co-CEO Buy 85,000 $58.71 $4,990,495 No
2021-12-06 RILEY BRYANT R Chairman and Co-CEO Buy 1,722 $75.17 $129,444 No
2021-11-17 RILEY BRYANT R Chairman and Co-CEO Buy 20,000 $77.35 $1,547,000 No
2021-11-03 Young Kenneth M President Buy 1,000 $78.31 $78,313 No
2021-08-19 RILEY BRYANT R Chairman and Co-CEO Buy 135,000 $60.61 $8,181,729 No
2021-06-15 Young Kenneth M President Buy 1,200 $66.06 $79,275 No
2021-05-06 Moore Andrew CEO B. Riley Securities, Inc. Buy 5,000 $67.68 $338,424 No
2021-01-29 RILEY BRYANT R Chairman and Co-CEO Buy 1,500 $48.25 $72,370 No
2021-01-28 RILEY BRYANT R Chairman and Co-CEO Buy 18,000 $48.53 $873,576 No
2021-01-27 RILEY BRYANT R Chairman and Co-CEO Buy 12,000 $48.13 $577,552 No
2021-01-25 Sheldon Michael Joseph Director Buy 2,089 $48.95 $102,257 No
2021-01-22 RILEY BRYANT R Chairman and Co-CEO Buy 10,000 $47.41 $474,120 No
2021-01-13 Young Kenneth M President Buy 1,600 $46.00 $73,600 No
2021-01-13 RILEY BRYANT R Chairman and Co-CEO Buy 100,000 $46.00 $4,600,000 No
2021-01-13 PAULSON RANDALL E Director Buy 10,000 $46.00 $460,000 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

Liberty Media Corp (LSXMA) - BERKSHIRE HATHAWAY INC, Buffett made a move and add 2M shares to their position. What a news after dumping Airlines.