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
GENESIS ENERGY LP (GEL)
Sector: Energy; Industry: Oil & Gas Midstream

Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deep water pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services segment provides sulfur-extraction services to refining operations; and operates storage and transportation assets. It owns four onshore crude oil pipeline systems with approximately 460 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, and Texas; and two CO2 pipelines with approximately 269 miles of pipe. Its Marine Transportation segment offers waterborne transportation of petroleum products and crude oil in North America. Genesis Energy, LLC serves as a general partner of the company. The company was founded in 1996 and is headquartered in Houston, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-08-05 Davison James E Director Buy 10,000 $9.48 $94,762 No
2022-08-04 Davison James E Director Buy 30,000 $9.71 $291,300 No
2022-08-03 Davison James E Director Buy 10,000 $10.00 $100,000 No
2020-03-18 Davison James E Director Buy 100,000 $3.49 $348,800 No
2020-02-28 Davison James E Director Buy 50,000 $9.77 $488,495 No
2017-11-21 Davison James E Director Buy 20,969 $21.68 $454,608 No
2017-11-20 Davison James E Director Buy 79,031 $21.56 $1,703,682 No
2013-06-18 Davison James E Director Sell 265,000 $51.61 $13,676,650 No
2013-05-31 Davison James E Director Sell 620 $50.64 $31,397 No
2013-05-28 Davison James E Director Sell 8,750 $52.85 $462,438 No
2013-05-24 Davison James E Director Sell 1,750 $52.58 $92,015 No
2013-05-23 Davison James E Director Sell 17,500 $54.31 $950,425 Yes
2012-10-05 Davison James E Director Buy 540,547 $30.00 $16,216,410 Yes
2010-03-19 Davison James E Director Sell 1,053,134 $19.63 $20,673,020 No

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.