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
Gossamer Bio, Inc. (GOSS)
Sector: Healthcare; Industry: Biotechnology

Gossamer Bio, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, and commercializing therapeutics in the disease areas of immunology, inflammation, and oncology in the United States. It is developing GB001, an oral antagonist of prostaglandin D2 receptor 2, which is in Phase IIb clinical trial for the treatment of moderate-to-severe eosinophilic asthma; in Phase II clinical trial to treat patients with chronic rhinosinusitis both with and without nasal polyps; and in translational Phase 2 clinical trial in patients with chronic spontaneous urticarial. Gossamer Bio, Inc. was founded in 2015 and is headquartered in San Diego, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-14 Christian Waage EVP & General Counsel Buy 2,500 $9.53 $23,818 No
2020-10-14 Hasnain Faheem Director Buy 96,520 $10.36 $999,995 No
2020-10-14 Giraudo Bryan Chief Financial Officer Buy 3,000 $10.01 $30,036 No
2020-06-23 Giraudo Bryan Chief Financial Officer Buy 2,000 $12.96 $25,922 No
2019-12-30 Dupont Jakob Chief Medical Officer Sell 41,994 $15.04 $631,538 Yes
2019-09-27 Christian Waage EVP & General Counsel Buy 1,000 $16.65 $16,654 No
2019-09-27 Hasnain Faheem Director Buy 10,000 $16.80 $167,980 No
2019-09-27 Gujrathi Sheila President & CEO Buy 10,000 $16.80 $167,980 No
2019-09-26 Giraudo Bryan Chief Financial Officer Buy 1,121 $16.78 $18,810 No
2019-09-20 Omega Fund V, L.P. 10%-Owner Sell 183,607 $21.96 $4,032,561 No
2019-09-18 Omega Fund V, L.P. Former director. Sell 82,213 $21.75 $1,787,758 No
2019-09-11 Omega Fund V, L.P. 10%-Owner Sell 112,776 $21.22 $2,393,495 No
2019-09-06 Omega Fund V, L.P. 10%-Owner Sell 21,404 $21.56 $461,537 No
2019-08-29 Salter-Cid Luisa Chief Scientific Officer Sell 50,000 $19.88 $994,043 No
2019-05-30 Giraudo Bryan Chief Financial Officer Buy 1,000 $18.70 $18,700 No
2019-02-12 Cox Russell J. Director Buy 7,200 $16.00 $115,200 No
2019-02-12 Christian Waage EVP & General Counsel Buy 1,550 $16.00 $24,800 Yes
2019-02-12 Giraudo Bryan Chief Financial Officer Buy 6,000 $16.00 $96,000 Yes

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.