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
HERC HOLDINGS INC (HRI)
Sector: Industrials; Industry: Rental & Leasing Services

Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier primarily in the United States and internationally. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. Further, the company sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies. It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, food and beverage, and refineries and petrochemical industries; infrastructure and government sectors; and commercial and retail service, hospitality, healthcare, recreation, entertainment production, and special event management customers. Herc Holdings Inc. was founded in 1965 and is based in Bonita Springs, Florida.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-17 ICAHN CARL C 10%-Owner Sell 191,611 $187.13 $35,856,943 No
2021-11-04 Browning James H Director Buy 4 $184.80 $750 No
2021-10-29 ICAHN CARL C 10%-Owner Sell 76,103 $181.04 $13,777,431 No
2021-10-27 ICAHN CARL C 10%-Owner Sell 204,234 $178.74 $36,505,647 No
2021-05-28 Peres Tamir SVP&Chief Information Officer Sell 3,962 $113.00 $447,706 No
2021-05-06 Cunningham Christian J SVP & Chief HR Officer Sell 7,829 $109.99 $861,107 No
2021-05-06 Silber Lawrence Harris President & CEO Sell 25,000 $110.36 $2,759,000 No
2021-02-22 Birnbaum Aaron SVP & Chief Operating Officer Sell 629 $81.84 $51,477 Yes
2020-12-09 Silber Lawrence Harris President & CEO Sell 70,176 $65.85 $4,621,279 Yes
2020-03-13 HENKEL HERBERT L Director Buy 10,000 $22.45 $224,489 No
2019-03-06 Salomone Mary P Director Buy 300 $42.00 $12,600 No
2018-11-27 HENKEL HERBERT L Director Buy 10,000 $34.68 $346,800 No
2017-11-10 HOLLEY JEAN K Director Buy 1,400 $54.78 $76,692 No
2017-08-11 ICAHN CARL C 10%-Owner Buy 109,249 $38.95 $4,254,861 Yes
2017-08-10 Dressel James Bruce SVP & Chief Operating Officer Buy 2,500 $39.02 $97,550 No
2017-05-22 Dressel James Bruce SVP & Chief Operating Officer Buy 5,000 $35.61 $178,050 No
2016-08-12 Browning James H Director Buy 1,500 $32.94 $49,410 No
2016-06-03 ICAHN CARL C 10%-Owner Buy 983,929 $9.90 $9,741,131 No
2016-06-02 Best Tyler Exec VP and CIO Buy 45,000 $10.02 $451,080 No
2016-06-01 Marren Alexandria Panot EVP, N.American Car Rental Ops Buy 10,000 $9.90 $98,963 No
2016-05-13 Foland Jeffrey T. Sr Ex VP, Chief Revenue Office Buy 65,000 $7.63 $495,950 No
2016-05-13 Kennedy Thomas C Senior Executive VP & CFO Buy 40,000 $7.76 $310,400 No
2016-05-16 TAGUE JOHN P President and CEO Buy 66,000 $7.84 $517,352 No
2016-03-03 NINIVAGGI DANIEL A Director Buy 2,500 $9.89 $24,713 No
2015-12-11 Taride Michel Group President RAC Internatio Sell 164,080 $14.30 $2,346,590 Yes
2015-12-11 Taride Michel Group President RAC Internatio Sell 164,080 $14.30 $2,346,590 Yes
2015-12-07 ICAHN CARL C 10%-Owner Buy 11,786,678 $14.23 $167,724,428 No
2015-08-13 TAGUE JOHN P President and CEO Buy 50,000 $18.06 $903,000 No
2015-08-14 SABATINO THOMAS J JR Sr Ex VP, Chief Admin and GC Buy 15,000 $18.05 $270,675 No
2015-08-13 Best Tyler Exec VP and CIO Buy 27,450 $18.32 $502,884 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.