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
JOANN Inc. (JOAN)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-06 Miquelon Wade D President & CEO Buy 47,550 $11.36 $540,035 No
2021-03-16 Green Equity Investors V, L.P. 10%-Owner, Director Sell 5,263,834 $11.20 $58,954,941 Yes
2021-03-16 Yoon John J 10%-Owner, Director Sell 5,263,834 $11.20 $58,954,941 Yes
2021-03-16 SOKOLOFF JONATHAN D 10%-Owner, Director Sell 5,263,834 $11.20 $58,954,941 Yes
2021-03-16 Joyce Michael Sagar nan Buy 2,000 $12.00 $24,000 Yes
2021-03-16 Will Robert SVP, Chief Merch. Officer Buy 5,000 $12.00 $60,000 Yes
2021-03-16 Miquelon Wade D President and CEO Buy 55,000 $12.00 $660,000 Yes
2021-03-16 Aber Ann SVP, GC & Secretary Buy 1,500 $12.00 $18,000 Yes
2021-03-16 Duliga Janet SVP, Chief Admin. Officer Buy 3,500 $12.00 $42,000 Yes
2021-03-16 DiTullio Christopher SVP, Chief Customer Officer Buy 8,500 $12.00 $102,000 Yes
2021-03-16 Susz Matthew B. SVP, CFO Buy 15,000 $12.00 $180,000 Yes
2021-03-16 Chennakrishnan Varadheesh SVP, CIO Buy 10,000 $12.00 $120,000 Yes
2021-03-16 Hejcl Sharyn M nan Buy 4,500 $12.00 $54,000 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.

Insider Smart

Carvana Co (CVNA) - One of the best timed insider buying in the crash is from GARCIA ERNEST C. II 10%-owner of CVNA. Bought at 45 and now with a 100%+ profit.