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.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
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
2018-10-03 Caraher Scott C. Portfolio Manager Buy 2,000 $10.43 $20,861 No
2013-06-17 Caraher Scott C. Portfolio Manager Buy 4,000 $12.21 $48,856 No

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.