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
TEMPLETON GLOBAL INCOME FUND (GIM)
Sector: Financial Services; Industry: Asset Management

Templeton Global Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in fixed income markets across the globe. It primarily invests in government bonds.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-16 Saba Capital Management, L.P. 10%-Owner Buy 140,332 $5.48 $768,625 No
2021-09-13 Saba Capital Management, L.P. 10%-Owner Buy 148,966 $5.51 $820,803 No
2021-07-09 Saba Capital Management, L.P. 10%-Owner Buy 270,207 $5.57 $1,504,483 No
2021-06-25 Saba Capital Management, L.P. 10%-Owner Buy 109,336 $5.57 $609,444 No
2021-06-23 Saba Capital Management, L.P. 10%-Owner Buy 14,649 $5.55 $81,302 No
2021-06-08 Saba Capital Management, L.P. 10%-Owner Buy 52,628 $5.63 $296,296 No
2021-05-25 Saba Capital Management, L.P. 10%-Owner Buy 54,964 $5.55 $305,122 No
2021-05-20 Saba Capital Management, L.P. 10%-Owner Buy 50,000 $5.54 $277,000 No
2021-05-17 Saba Capital Management, L.P. 10%-Owner Buy 154,507 $5.52 $852,893 No
2021-05-12 Saba Capital Management, L.P. 10%-Owner Buy 93,638 $5.51 $515,945 No
2021-02-03 Saba Capital Management, L.P. 10%-Owner Buy 615,992 $5.63 $3,468,035 No
2021-02-01 Saba Capital Management, L.P. 10%-Owner Buy 422,918 $5.61 $2,371,888 No
2021-01-28 Saba Capital Management, L.P. 10%-Owner Buy 924,941 $5.63 $5,207,153 No
2021-01-25 Saba Capital Management, L.P. 10%-Owner Buy 160,743 $5.60 $900,161 No
2021-01-21 Saba Capital Management, L.P. 10%-Owner Buy 419,420 $5.60 $2,348,752 No
2021-01-19 Saba Capital Management, L.P. 10%-Owner Buy 369,761 $5.56 $2,057,537 No
2021-01-14 Saba Capital Management, L.P. 10%-Owner Buy 275,000 $5.59 $1,537,250 No
2021-01-12 Saba Capital Management, L.P. 10%-Owner Buy 261,843 $5.55 $1,452,614 No
2021-01-08 Saba Capital Management, L.P. 10%-Owner Buy 75,021 $5.55 $416,367 No
2021-01-06 Saba Capital Management, L.P. 10%-Owner Buy 310,501 $5.51 $1,710,861 No
2021-01-04 Saba Capital Management, L.P. 10%-Owner Buy 690,945 $5.49 $3,795,439 No
2020-12-29 Saba Capital Management, L.P. 10%-Owner Buy 570,800 $5.50 $3,139,400 No
2020-12-24 Saba Capital Management, L.P. 10%-Owner Buy 1,334,587 $5.51 $7,347,960 No
2020-12-21 Saba Capital Management, L.P. 10%-Owner Buy 493,595 $5.51 $2,717,787 No
2020-12-17 Saba Capital Management, L.P. 10%-Owner Buy 2,685 $5.50 $14,768 No
2020-12-15 Saba Capital Management, L.P. 10%-Owner Buy 500,489 $5.43 $2,715,530 No
2020-12-11 Saba Capital Management, L.P. 10%-Owner Buy 695,882 $5.43 $3,780,964 No
2020-12-09 Saba Capital Management, L.P. 10%-Owner Buy 1,510,529 $5.46 $8,242,383 No
2020-12-07 Saba Capital Management, L.P. 10%-Owner Buy 519,740 $5.43 $2,823,836 No
2020-12-03 Saba Capital Management, L.P. 10%-Owner Buy 61,218 $5.40 $330,549 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.