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
Kodiak Sciences Inc. (KOD)
Sector: Healthcare; Industry: Biotechnology

Kodiak Sciences Inc., a clinical stage biopharmaceutical company, provides novel therapeutics to treat retinal diseases. Its preclinical stage product candidate include KSI-501, a bispecific anti-interleukin 6/VEGF bioconjugate to target inflammation and abnormal angiogenesis in the pathogenesis of retinal vascular diseases. The company's early research pipeline include KSI-601, a triplet inhibitor for dry AMD. The company was formerly known as Oligasis, LLC and changed its name to Kodiak Sciences Inc. in September 2015.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-21 EHRLICH JASON nan Sell 6,950 $84.90 $590,085 No
2021-06-15 EHRLICH JASON nan Sell 1,454 $80.90 $117,624 Yes
2021-06-15 BORGESON JOHN A. nan Sell 1,290 $80.90 $104,361 Yes
2021-06-15 EHRLICH JASON nan Sell 1,147 $84.75 $97,208 Yes
2021-06-15 BORGESON JOHN A. nan Sell 1,037 $84.75 $87,886 Yes
2021-05-20 EHRLICH JASON nan Sell 6,950 $81.14 $563,924 No
2021-04-20 EHRLICH JASON nan Sell 6,950 $111.26 $773,249 Yes
2021-03-22 EHRLICH JASON nan Sell 6,950 $131.50 $913,894 Yes
2021-03-10 BORGESON JOHN A. nan Sell 5,000 $130.08 $650,415 No
2021-02-22 EHRLICH JASON nan Sell 6,950 $125.81 $874,367 Yes
2021-01-20 EHRLICH JASON nan Sell 26,950 $162.77 $4,386,776 Yes
2020-12-23 EHRLICH JASON nan Sell 6,950 $144.55 $1,004,610 Yes
2020-11-20 EHRLICH JASON nan Sell 6,950 $138.79 $964,601 Yes
2020-11-20 BAKER BROS. ADVISORS LP 10%-Owner, Director Buy 1,527,777 $108.00 $164,999,916 No
2020-10-27 EHRLICH JASON nan Sell 7,500 $100.00 $750,000 Yes
2020-10-23 EHRLICH JASON nan Sell 7,500 $86.25 $646,875 Yes
2020-10-20 EHRLICH JASON nan Sell 6,950 $78.39 $544,817 Yes
2020-10-13 EHRLICH JASON nan Sell 5,000 $75.00 $375,000 Yes
2020-10-09 EHRLICH JASON nan Sell 2,200 $71.28 $156,819 Yes
2020-09-25 BAKER BROS. ADVISORS LP 10%-Owner, Director Buy 48,125 $56.65 $2,726,182 No
2020-09-24 BAKER BROS. ADVISORS LP 10%-Owner, Director Buy 203,047 $51.71 $10,498,591 No
2020-09-21 EHRLICH JASON nan Sell 6,950 $52.40 $364,182 Yes
2020-09-08 BAKER BROS. ADVISORS LP 10%-Owner, Director Buy 322,979 $47.43 $15,318,311 No
2020-08-20 EHRLICH JASON nan Sell 6,950 $47.11 $327,444 Yes
2020-08-21 BAKER BROS. ADVISORS LP 10%-Owner, Director Buy 203,486 $48.23 $9,815,002 No
2020-07-20 EHRLICH JASON nan Sell 6,950 $50.44 $350,526 Yes
2020-06-22 EHRLICH JASON nan Sell 6,950 $60.54 $420,747 Yes
2020-05-20 EHRLICH JASON See Remarks Sell 6,950 $60.72 $421,989 Yes
2020-04-20 EHRLICH JASON See Remarks Sell 6,950 $54.12 $376,115 Yes
2020-04-09 EHRLICH JASON See Remarks Sell 2,200 $48.56 $106,830 Yes

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