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
Nuveen Floating Rate Income Opportunity Fund (JRO)
Sector: Financial Services; Industry: Asset Management

Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Bond Index and CSFB Leveraged Loan Index.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-09 KNIGHTS OF COLUMBUS 10%-Owner Sell 45,000,000 $100.00 $4,500,000,000 No
2020-10-05 Saba Capital Management, L.P. 10%-Owner Buy 156,907 $8.29 $1,300,429 No
2020-09-30 Saba Capital Management, L.P. 10%-Owner Buy 62,000 $8.22 $509,640 No
2020-09-29 Saba Capital Management, L.P. 10%-Owner Buy 11,008 $8.19 $90,156 No
2020-03-31 Caraher Scott C. Portfolio Manager Buy 5,000 $7.37 $36,842 No
2020-03-30 Caraher Scott C. Portfolio Manager Buy 3,000 $7.02 $21,050 No
2020-03-25 Caraher Scott C. Portfolio Manager Buy 2,000 $6.65 $13,300 No
2020-03-24 Caraher Scott C. Portfolio Manager Buy 2,500 $6.04 $15,108 No
2019-01-04 Caraher Scott C. Portfolio Manager Buy 2,000 $9.44 $18,885 No
2018-10-03 Caraher Scott C. Portfolio Manager Buy 2,000 $10.27 $20,539 No
2018-08-07 Caraher Scott C. Portfolio Manager Buy 2,000 $10.22 $20,440 No
2018-07-17 Caraher Scott C. Portfolio Manager Buy 6,000 $10.21 $61,232 No
2017-12-15 SCHNEIDER WILLIAM J other Sell 38,600 $11.27 $435,119 No
2017-07-27 Caraher Scott C. Portfolio Manager Sell 12,000 $11.80 $141,654 No
2017-07-12 Caraher Scott C. Portfolio Manager Sell 10,353 $11.64 $120,528 No
2017-07-13 Caraher Scott C. Portfolio Manager Sell 7,611 $11.67 $88,805 No
2017-06-30 SCHNEIDER WILLIAM J other Buy 8,600 $11.55 $99,337 No
2017-04-06 Nuveen Fund Advisors, LLC other Sell 7,000 $11.62 $81,340 No
2017-04-06 EVANS JACK other Buy 4,225 $11.73 $49,559 No
2017-03-09 MOSCHNER ALBIN F Trustee Buy 3,000 $12.02 $36,045 No
2017-02-14 Caraher Scott C. Portfolio Manager Sell 8,000 $12.58 $100,640 No
2016-12-07 SCHNEIDER WILLIAM J other Buy 30,000 $11.78 $353,499 No
2016-10-04 ZIMMERMAN GIFFORD R Chief Administrative Officer Sell 1,000 $11.08 $11,083 No
2016-03-03 Caraher Scott C. Portfolio Manager Buy 2,000 $9.23 $18,460 No
2016-03-01 Caraher Scott C. Portfolio Manager Buy 3,000 $9.05 $27,150 No
2016-02-29 Caraher Scott C. Portfolio Manager Buy 4,000 $8.96 $35,830 No
2016-02-26 Caraher Scott C. Portfolio Manager Buy 4,000 $8.92 $35,674 No
2016-02-02 SCHNEIDER WILLIAM J other Buy 5,300 $9.43 $49,969 No
2015-12-29 Caraher Scott C. Portfolio Manager Buy 11,700 $9.69 $113,430 No
2015-12-17 EVANS JACK other Sell 3,000 $9.52 $28,560 No

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Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.