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
Sector: Industrials; Industry: Specialty Industrial Machinery

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. The company's Safety and Productivity Solutions segment provides personal protection equipment, apparel, gear, and footwear; gas detection technology; and cloud-based notification and emergency messaging; and mobile devices and software; supply chain and warehouse automation equipment, and software and solutions; custom-engineered sensors, switches, and controls; and software-based data and asset management productivity solutions.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-11-07 Kapur Vimal President & COO Sell 7,500 $207.46 $1,555,959 Yes
2021-02-27 Kapur Vimal President & CEO, HBT Buy 16 $173.03 $2,768 Yes
2020-11-09 Kapur Vimal President & CEO, HBT Sell 7,500 $194.38 $1,457,850 Yes
2019-05-20 Kapur Vimal President & CEO - HBT Sell 5,000 $169.58 $847,900 No
2018-07-27 Kapur Vimal President and CEO, HBT Sell 9,996 $159.25 $1,591,863 Yes

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.