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
Lucira Health, Inc. (LHDX)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-16 Engelson Erik T. President and Chief Executive Buy 10,000 $1.49 $14,900 No
2022-03-15 Engelson Erik T. President and Chief Executive Buy 30,000 $3.00 $90,000 No
2021-02-05 EPIQ Capital Group, LLC <10% Owner Buy 3,461,764 $17.00 $58,849,988 Yes

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.