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
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
2020-05-20 PELTZ NELSON Director Sell 2,457,808 $49.80 $122,399,084 No
2020-05-19 PELTZ NELSON Director Sell 1,423,896 $49.85 $70,982,926 No
2015-05-27 PELTZ NELSON Former 10% Owner Sell 314,218 $53.84 $16,918,283 No
2015-05-20 PELTZ NELSON 10%-Owner Sell 218,800 $54.41 $11,904,532 No
2015-05-05 PELTZ NELSON 10%-Owner Sell 417,000 $55.23 $23,031,582 No
2015-04-13 PELTZ NELSON 10%-Owner Sell 50,000 $55.01 $2,750,595 No
2015-04-07 PELTZ NELSON 10%-Owner Sell 220,050 $55.15 $12,136,494 No
2015-04-02 PELTZ NELSON 10%-Owner Sell 628,000 $55.47 $34,835,538 No
2011-08-04 PELTZ NELSON less than 10% owner Buy 790,000 $28.06 $22,169,217 No
2011-08-03 PELTZ NELSON less than 10% owner Buy 2,651,000 $28.86 $76,506,004 No
2011-03-30 PELTZ NELSON less than 10% owner Buy 170,000 $35.74 $6,076,446 No
2010-06-04 PELTZ NELSON less than 10% owner Buy 1,000,000 $30.40 $30,401,141 No
2010-05-25 PELTZ NELSON less than 10% owner Buy 144,600 $28.08 $4,060,397 No
2009-12-31 PELTZ NELSON less than 10% owner Buy 525,000 $30.21 $15,862,822 No
2009-12-23 PELTZ NELSON less than 10% owner Buy 250,000 $29.92 $7,479,325 No
2009-12-30 PELTZ NELSON less than 10% owner Buy 115,000 $30.19 $3,472,326 No
2009-12-24 PELTZ NELSON less than 10% owner Buy 252,000 $29.92 $7,539,205 No
2009-12-22 PELTZ NELSON less than 10% owner Buy 230,000 $29.38 $6,756,818 No
2009-12-18 PELTZ NELSON less than 10% owner Buy 822,830 $28.43 $23,390,429 No
2009-12-16 PELTZ NELSON less than 10% owner Buy 717,000 $28.44 $20,391,317 Yes

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.