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
GRAYBUG VISION, INC. (GRAY)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-09-29 Clarus Lifesciences III, L.P. 10%-Owner Buy 250,000 $16.00 $4,000,000 Yes
2020-09-29 Flynn James E *Possible Member of 10% Group Buy 1,562,500 $16.00 $25,000,000 Yes
2020-09-29 SHAFFER CHRISTY L Director Buy 18,750 $16.00 $300,000 Yes
2020-09-25 ORBIMED ADVISORS LLC 10%-Owner Buy 562,500 $16.00 $9,000,000 Yes

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.