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
2023-01-11 Saba Capital Management, L.P. 10%-Owner Buy 20,000 $4.36 $87,200 No
2022-12-13 Saba Capital Management, L.P. 10%-Owner Buy 20,000 $4.28 $85,600 No
2022-12-08 Saba Capital Management, L.P. 10%-Owner Buy 96,689 $4.23 $408,935 No
2022-12-05 Saba Capital Management, L.P. 10%-Owner Buy 70,000 $4.27 $298,900 No
2022-12-02 Saba Capital Management, L.P. 10%-Owner Buy 40,876 $4.28 $174,949 No
2022-11-30 Saba Capital Management, L.P. 10%-Owner Buy 72,080 $4.20 $302,596 No
2022-11-23 Saba Capital Management, L.P. 10%-Owner Buy 81,189 $4.12 $334,533 No
2022-11-21 Saba Capital Management, L.P. 10%-Owner Buy 160,116 $4.07 $651,672 No
2022-11-15 Saba Capital Management, L.P. 10%-Owner Buy 127,183 $4.21 $535,058 No
2022-11-09 Saba Capital Management, L.P. 10%-Owner Buy 50,000 $4.15 $207,500 No
2022-11-02 Saba Capital Management, L.P. 10%-Owner Buy 100 $4.12 $412 No
2022-10-27 Saba Capital Management, L.P. 10%-Owner Buy 60,811 $4.20 $255,406 No
2022-10-24 Saba Capital Management, L.P. 10%-Owner Buy 60,231 $4.08 $245,755 No
2022-10-20 Saba Capital Management, L.P. 10%-Owner Buy 68,019 $4.06 $276,198 No
2022-10-18 Saba Capital Management, L.P. 10%-Owner Buy 211,281 $4.08 $861,931 No
2022-10-14 Saba Capital Management, L.P. 10%-Owner Buy 143,637 $4.13 $592,698 No
2022-10-12 Saba Capital Management, L.P. 10%-Owner Buy 71,127 $4.21 $299,645 No
2022-10-10 Saba Capital Management, L.P. 10%-Owner Buy 77,033 $4.26 $328,397 No
2022-09-28 Saba Capital Management, L.P. 10%-Owner Buy 91,916 $4.22 $388,007 No
2022-09-26 Saba Capital Management, L.P. 10%-Owner Buy 153,571 $4.33 $664,521 No
2022-09-21 Saba Capital Management, L.P. 10%-Owner Buy 67,731 $4.49 $304,112 No
2022-09-19 Saba Capital Management, L.P. 10%-Owner Buy 77,882 $4.50 $350,418 No
2022-09-12 Saba Capital Management, L.P. 10%-Owner Buy 177,575 $4.61 $818,621 No
2022-09-09 Saba Capital Management, L.P. 10%-Owner Buy 197,739 $4.54 $897,167 No
2022-09-07 Saba Capital Management, L.P. 10%-Owner Buy 163,143 $4.58 $746,932 No
2022-08-31 Saba Capital Management, L.P. 10%-Owner Buy 46,351 $4.64 $215,069 No
2022-08-31 Saba Capital Management, L.P. President Buy 46,351 $4.64 $215,069 No
2022-08-30 Saba Capital Management, L.P. 10%-Owner Buy 67,333 $4.66 $313,693 No
2022-08-26 Saba Capital Management, L.P. 10%-Owner Buy 179,398 $4.71 $844,098 No
2022-08-22 Saba Capital Management, L.P. 10%-Owner Buy 176,644 $4.60 $813,095 No

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

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.