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
GLACIER BANCORP, INC. (GBCI)
Sector: Financial Services; Industry: Banks—Regional

Glacier Bancorp, Inc. operates as the holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. Further, the company provides mortgage origination services. The company was incorporated in 2004 and is headquartered in Kalispell, Montana.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-08-19 Boyles David C Director Sell 74,736 $38.64 $2,887,719 No
2020-07-28 Cladouhos Sherry Leigh Director Buy 1,140 $35.00 $39,900 No
2020-03-13 COPHER RON J EXECUTIVE VICE PRESIDENT/CFO Buy 3,500 $28.43 $99,505 No
2020-03-13 Murdoch John W Director Buy 1,000 $27.82 $27,820 No
2020-03-13 Chesler Randall M PRESIDENT/CEO Buy 3,540 $28.20 $99,828 No
2020-03-03 Boyles David C Director Buy 824 $39.12 $32,235 No
2020-02-28 Murdoch John W Director Buy 400 $37.46 $14,984 No
2019-06-05 Boyles David C Director Sell 25,399 $40.32 $1,024,146 No
2018-05-01 Murdoch John W Director Sell 513 $36.71 $18,821 No
2018-03-13 ENGLISH JAMES M Director Sell 5,000 $41.01 $205,050 No
2017-12-07 BLODNICK MICHAEL J Director Sell 25,338 $38.38 $972,472 No
2017-12-08 Chery Don J. EXECUTIVE VICE PRESIDENT/CAO Sell 12,000 $38.29 $459,480 No
2017-11-02 BLODNICK MICHAEL J Director Sell 78,647 $37.90 $2,980,828 No
2017-06-13 ENGLISH JAMES M Director Sell 2,500 $36.65 $91,625 No
2017-02-24 BLODNICK MICHAEL J Director Sell 100,450 $36.70 $3,686,587 No
2017-02-17 McBride Douglas J Director Sell 5,508 $36.67 $201,978 No
2017-02-07 Goodwin Annie M. Director Sell 566 $35.41 $20,042 No
2016-12-12 Murdoch John W Director Sell 2,000 $37.43 $74,860 No
2016-12-13 BLODNICK MICHAEL J PRESIDENT/CEO Sell 100,000 $36.91 $3,691,000 No
2016-12-12 Murdoch John W Director Sell 2,869 $37.43 $107,387 No
2016-12-07 BLODNICK MICHAEL J PRESIDENT/CEO Sell 100,000 $35.92 $3,592,000 No
2016-12-08 ENGLISH JAMES M Director Sell 4,000 $36.99 $147,960 No
2016-11-16 Chery Don J. EXECUTIVE VICE PRESIDENT/CAO Sell 3,000 $33.26 $99,780 No
2016-11-17 Langel Craig A Director Sell 3,000 $33.28 $99,840 No
2016-02-04 Herron Dallas I CHAIRMAN OF THE BOARD Buy 5,000 $24.07 $120,350 No
2016-02-02 SEMMENS MARK J Director Buy 8,000 $23.25 $186,000 No
2015-08-26 Herron Dallas I CHAIRMAN OF THE BOARD Buy 5,000 $24.33 $121,650 No
2015-08-25 COPHER RON J EXECUTIVE VICE PRESIDENT/CFO Buy 500 $24.35 $12,175 No
2015-08-26 Chesler Randall M Glacier Bank President Buy 4,000 $24.94 $99,760 No
2015-08-24 Murdoch John W Director Buy 1,000 $25.77 $25,770 No

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Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.