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
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
2022-11-08 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 10,134 $4.21 $42,641 No
2022-11-07 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 85,268 $4.21 $358,770 No
2022-11-03 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 106,382 $4.15 $441,010 No
2022-11-02 Saba Capital Management, L.P. 10%-Owner Buy 100 $4.12 $412 No
2022-11-01 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 130,618 $4.28 $559,521 No
2022-10-27 Saba Capital Management, L.P. 10%-Owner Buy 60,811 $4.20 $255,406 No
2022-10-26 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 141,500 $4.22 $596,654 No
2022-10-24 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 91,472 $4.07 $372,515 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
2022-10-20 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 128,142 $4.07 $522,029 No
2022-10-18 Saba Capital Management, L.P. 10%-Owner Buy 211,281 $4.08 $861,931 No
2022-10-18 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 111,427 $4.12 $458,553 No
2022-10-14 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 119,200 $4.12 $491,629 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
2022-10-12 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 102,411 $4.23 $432,893 No
2022-10-10 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 53,538 $4.28 $229,322 No
2022-10-10 Saba Capital Management, L.P. 10%-Owner Buy 77,033 $4.26 $328,397 No
2022-10-05 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 2,967,386 $4.27 $12,670,738 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 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 100,542 $4.50 $452,001 No
2022-09-21 Saba Capital Management, L.P. 10%-Owner Buy 67,731 $4.49 $304,112 No
2022-09-19 FRANKLIN RESOURCES INC Affiliate of Investment Adv. Buy 116,360 $4.49 $522,943 No
2022-09-19 Saba Capital Management, L.P. 10%-Owner Buy 77,882 $4.50 $350,418 No

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.

Insider Smart

Ovintiv Inc (OVV) - Insiders of OVV have been HEAVILY accumulating shares in March with a sub-$3 cost. And the stock is now $11. An awesome 400% gain can't be missed if you found it was heavily accumulated earlier.