Why insider trading matters?

Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

- Peter Lynch
LEGG MASON, INC. (LM)
Sector: Financial Services; Industry: Asset Management

Legg Mason, Inc. is a publicly owned asset management holding company. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries. The firm also launches and manages mutual funds and exchange traded funds for its clients through its subsidiaries. Through its subsidiaries, the firm also invests in alternative markets.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2011-09-09 Lemke Thomas P Executive VP & General Counsel Buy 4,000 $26.39 $105,560 No

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

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.