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
Inhibrx, Inc. (INBX)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-08-03 Eckelman Brendan P. Chief Scientific Officer Sell 40,000 $18.00 $719,835 No
2022-07-07 Eckelman Brendan P. Chief Scientific Officer Sell 40,000 $17.17 $686,800 No
2022-04-05 Eckelman Brendan P. Chief Scientific Officer Sell 400 $25.04 $10,016 No
2021-03-24 Eckelman Brendan P. Chief Scientific Officer Sell 17,000 $19.02 $323,340 No
2021-02-16 Eckelman Brendan P. Chief Scientific Officer Sell 17,000 $25.90 $440,300 No
2021-02-17 Wagner Klaus W. Chief Medical Officer Sell 176,033 $24.43 $4,300,095 No
2020-08-26 VIKING GLOBAL INVESTORS LP 10%-Owner Buy 180,219 $18.92 $3,409,866 No
2020-08-25 VIKING GLOBAL INVESTORS LP 10%-Owner Buy 131,465 $19.39 $2,548,688 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

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.