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
GULFPORT ENERGY CORP (GPOR)
Sector: Energy; Industry: Oil & Gas E&P

Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area of approximately 205,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area of approximately 76,000 net reservoir acres primarily located in Oklahoma. The company was incorporated in 1997 and is headquartered in Oklahoma City, Oklahoma.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-13 Firefly Value Partners, LP Former 10% Owner Sell 6,799,467 $0.41 $2,763,303 No
2020-04-17 Holroyd Samantha See Explanation of Responses Buy 20,500 $0.72 $14,822 No
2019-08-30 Wood David M. President & CEO Buy 40,000 $2.44 $97,600 No
2019-08-30 Craine Patrick K. General Counsel and Corp. Sec. Buy 15,000 $2.42 $36,300 No
2019-08-30 HICKS QUENTIN R EVP & CFO Buy 15,000 $2.38 $35,700 No
2019-03-05 Wood David M. President & CEO Buy 10,000 $8.06 $80,600 No
2018-11-20 Westerman Paul D Director Buy 10,000 $8.44 $84,409 No
2018-08-16 Maier Stuart SVP, Geosciences Sell 2,000 $11.19 $22,380 No
2018-06-19 Baldwin Steve VP of Reservoir Engineering Sell 10,000 $11.00 $110,002 No
2018-05-29 Westerman Paul D Director Buy 10,000 $10.33 $103,310 No
2018-03-13 Johnson Charles Douglas Director Buy 500 $10.79 $5,398 No
2018-03-13 Johnson Charles Douglas Director Buy 500 $10.79 $5,398 No
2018-02-27 Streller Scott E Director Buy 2,000 $10.15 $20,294 No
2018-02-27 Westerman Paul D Director Buy 10,000 $10.14 $101,392 No
2017-12-15 Zitkus Lester SVP, Land Sell 6,266 $12.16 $76,218 No
2017-12-15 Moore Michael G President & CEO Sell 118,494 $12.16 $1,440,780 No
2017-12-15 Malone Mark SVP, Operations Sell 4,700 $12.16 $57,164 No
2017-12-15 Maier Stuart SVP, Geosciences Sell 6,000 $12.17 $72,998 No
2017-12-15 Jones Robert Alan SVP, Drilling Sell 5,700 $12.15 $69,273 No
2017-12-15 Groeschel Craig Director Sell 7,059 $12.16 $85,823 No
2017-12-15 Crowell Keri Chief Financial Officer Sell 16,000 $12.16 $194,582 No
2017-12-15 Baldwin Steve VP of Reservoir Engineering Sell 4,000 $12.17 $48,666 No
2017-11-30 Westerman Paul D Director Buy 10,000 $12.75 $127,460 No
2016-08-22 Baldwin Steve VP of Reservoir Engineering Sell 566 $27.00 $15,282 No
2016-06-20 Maier Stuart Vice President of Geosciences Sell 10,000 $33.35 $333,546 No
2016-06-15 Moore Michael G President & CEO Sell 20,000 $32.95 $659,088 No
2016-06-07 Baldwin Steve VP of Reservoir Engineering Sell 10,000 $32.00 $320,000 No
2016-04-12 Crowell Keri Chief Accounting Officer Sell 3,000 $30.00 $90,000 No
2016-04-12 Baldwin Steve VP of Reservoir Engineering Sell 4,000 $30.00 $120,000 No
2016-03-23 Moore Michael G President & CEO Sell 22,500 $28.38 $638,550 No

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

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.