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
Guardant Health, Inc. (GH)
Sector: Healthcare; Industry: Diagnostics & Research

Guardant Health, Inc., a precision oncology company, provides blood tests, data sets, and analytics in the United States and internationally. The company offers liquid biopsy tests for advanced stage cancer, such as Guardant360, a molecular diagnostic test that measures various cancer-related genes; and GuardantOMNI, a broader gene panel, including genes associated with homologous recombination repair deficiency and biomarkers for immuno-oncology applications. It also provides LUNAR-1 for minimal residual disease and recurrence detection in cancer survivors. Guardant Health, Inc. was incorporated in 2011 and is headquartered in Redwood City, California.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-09 SVF Bluebird (Cayman) Ltd 10%-Owner Sell 7,000,000 $101.08 $707,574,000 No
2020-06-08 SVF Bluebird (Cayman) Ltd 10%-Owner Sell 8,912,500 $83.16 $741,163,500 No
2019-09-11 SVF Bluebird (Cayman) Ltd 10%-Owner Sell 4,900,000 $77.00 $377,300,000 No

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