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
NUVEEN FLOATING RATE INCOME FUND (JFR)
Sector: Financial Services; Industry: Asset Management

Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States.

JFR Symbol Info by TradingView

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-29 Saba Capital Management, L.P. 10%-Owner Sell 9,317 $9.51 $88,605 No
2021-04-28 Saba Capital Management, L.P. 10%-Owner Sell 201,467 $9.56 $1,926,025 No
2021-04-26 Saba Capital Management, L.P. 10%-Owner Sell 102,446 $9.57 $980,408 No
2021-04-22 Saba Capital Management, L.P. 10%-Owner Sell 25,075 $9.59 $240,464 No
2021-04-15 Saba Capital Management, L.P. 10%-Owner Sell 87,152 $9.64 $840,488 No
2021-04-13 Saba Capital Management, L.P. 10%-Owner Sell 186,239 $9.70 $1,807,062 No
2021-04-09 Saba Capital Management, L.P. 10%-Owner Sell 357,027 $9.75 $3,482,304 No
2021-03-08 Caraher Scott C. Portfolio Manager Buy 7,000 $9.42 $65,974 No
2021-03-01 Caraher Scott C. Portfolio Manager Buy 9,000 $8.81 $79,294 No
2020-11-09 KNIGHTS OF COLUMBUS 10%-Owner Sell 37,091,000 $100.00 $3,709,100,000 No
2020-10-02 Saba Capital Management, L.P. 10%-Owner Buy 3,600 $8.33 $29,988 No
2020-09-30 Saba Capital Management, L.P. 10%-Owner Buy 54,729 $8.34 $456,440 No
2020-09-29 Saba Capital Management, L.P. 10%-Owner Buy 375,793 $8.30 $3,119,082 No
2020-09-25 Saba Capital Management, L.P. 10%-Owner Buy 198,879 $8.28 $1,646,532 No
2020-09-23 Saba Capital Management, L.P. 10%-Owner Buy 301,369 $8.34 $2,514,240 No
2020-06-11 MOSCHNER ALBIN F Trustee Buy 3,000 $7.87 $23,610 No
2018-11-27 SCHNEIDER WILLIAM J other Sell 35,775 $9.64 $344,878 No
2018-10-03 Caraher Scott C. Portfolio Manager Buy 2,000 $10.43 $20,861 No
2018-01-22 SCHNEIDER WILLIAM J other Buy 35,775 $11.18 $400,133 No
2017-04-06 Nuveen Fund Advisors, LLC other Sell 7,000 $11.40 $79,800 No
2017-04-06 MOSCHNER ALBIN F Trustee Buy 200 $11.40 $2,280 No
2017-03-21 Jones Nathaniel T. Vice President and Treasurer Buy 750 $11.31 $8,482 No
2017-03-21 LAMB DAVID J Vice President Buy 4,000 $11.30 $45,200 No
2017-02-14 MOSCHNER ALBIN F Trustee Buy 25,000 $12.02 $300,500 No
2015-12-17 EVANS JACK other Sell 1,600 $9.67 $15,474 No
2013-06-17 Caraher Scott C. Portfolio Manager Buy 4,000 $12.21 $48,856 No
2011-10-20 SCHNEIDER WILLIAM J other Sell 25,300 $10.27 $259,831 No
2010-05-04 SCHNEIDER WILLIAM J other Buy 25,300 $11.90 $301,070 No
2007-08-16 SCHWERTFEGER TIMOTHY R Chairman and Trustee Buy 18,000 $11.50 $207,000 No
2005-12-20 EVANS JACK Trustee Buy 1,600 $12.32 $19,720 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

VBI Vaccines Inc (VBIV) - Since 10%-owner Perceptive Advisor LCC increased their holding in April, the stock have double the price. Impressive!