Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
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
2020-03-04 Merchant Thomas C Exec VP & General Counsel Sell 33,952 $49.82 $1,691,489 Yes
2020-03-03 Merchant Thomas C Exec VP & General Counsel Sell 21,013 $49.83 $1,047,078 Yes
2019-05-16 Merchant Thomas C Exec VP & General Counsel Sell 5,582 $36.11 $201,566 Yes
2018-05-16 Merchant Thomas C Exec VP & General Counsel Sell 2,537 $38.80 $98,436 Yes
2018-05-16 Merchant Thomas C Exec VP & General Counsel Sell 2,537 $38.80 $98,436 Yes
2017-02-16 Merchant Thomas C Exec VP & General Counsel Sell 6,595 $36.06 $237,816 Yes

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

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.