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
HALLADOR ENERGY CO (HNRG)
Sector: Energy; Industry: Thermal Coal

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana. The company was founded in 1949 and is headquartered in Terre Haute, Indiana.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-09-21 LAWRENCE BRYAN H Director Sell 80,043 $5.56 $445,039 No
2019-10-11 Wesley Charles Ray IV Director Buy 6,000 $3.48 $20,861 No
2019-10-07 HARDIE DAVID C Director Buy 30,380 $3.29 $100,002 No
2018-11-13 Wesley Charles Ray IV Director Buy 8,347 $6.02 $50,282 No
2016-04-29 HARDIE STEVEN 10%-Owner, Director Sell 86,755 $6.74 $584,729 No
2017-03-21 Martin Lawrence D CFO Sell 3,583 $7.40 $26,514 No
2016-03-17 Martin Lawrence D CFO Sell 905 $8.25 $7,466 No
2016-12-08 HARDIE DAVID C Director Sell 86,747 $9.55 $828,619 No
2016-04-04 Bilsland Brent K PRESIDENT AND CEO Buy 4,900 $4.59 $22,497 No
2016-09-09 Bilsland Brent K President and CEO Sell 123,586 $7.12 $880,168 No
2016-08-18 STABIO VICTOR P Chairman and Asst. Secretary Buy 1,153 $6.00 $6,918 No
2016-05-13 Martin Lawrence D CFO Buy 38 $4.68 $178 No
2015-12-04 Hallador Alternative Assets Fund, LLC 10%-Owner Buy 86,755 $6.50 $563,908 No
2016-04-05 Martin Lawrence D CFO Buy 4,450 $4.50 $20,022 No
2016-04-04 Bishop W Anderson Stepped down as CFO 04/1/2016 Buy 1,000 $4.62 $4,620 Yes
2016-04-01 STABIO VICTOR P Chairman of the Board Buy 3,000 $4.43 $13,290 No
2016-04-04 Bilsland Brent K PRESIDENT AND CEO Buy 6,000 $4.67 $27,999 No
2015-12-31 STABIO VICTOR P Chairman of the Board Buy 25,000 $4.71 $117,750 No
2015-11-19 STABIO VICTOR P Chairman of the Board Buy 19,875 $6.29 $125,014 No
2015-09-10 STABIO VICTOR P Chairman of the Board Buy 15,000 $6.71 $100,650 No
2015-08-11 STABIO VICTOR P Chairman of Board Buy 5,000 $7.12 $35,600 No
2014-09-08 Martin Lawrence D CFO - SUNRISE COAL, LLC Buy 1,000 $12.90 $12,900 No
2014-08-19 STABIO VICTOR P Chairman of the Board Buy 10,000 $12.97 $129,700 No
2014-04-08 HARDIE DAVID C 10%-Owner, Director Sell 17,260 $8.61 $148,617 No
2014-04-08 HARDIE STEVEN 10%-Owner, Director Sell 17,260 $8.61 $148,617 No
2014-04-07 HARDIE STEVEN 10%-Owner, Director Sell 39,311 $8.66 $340,524 No
2014-04-07 HARDIE DAVID C 10%-Owner, Director Sell 39,311 $8.66 $340,524 No
2014-04-02 HARDIE DAVID C 10%-Owner, Director Sell 60,438 $8.61 $520,266 No
2014-04-02 HARDIE STEVEN 10%-Owner, Director Sell 60,438 $8.61 $520,266 No
2014-03-26 HARDIE DAVID C 10%-Owner, Director Sell 9,114 $8.78 $80,021 No

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.

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.