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
LUMINEX CORP (LMNX)
Sector: Healthcare; Industry: Medical Instruments & Supplies

Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for the diagnostics, pharmaceutical, and research industries worldwide. In addition, it offers MultiCode assays and products comprising HSV 1&2 assays, and other products to detect infectious agents in clinical samples; ARIES cassettes that are self-contained assay consumables, such as ARIES HSV 1&2 assays, ARIES FLU A/B and RSV assays, ARIES group A strep assays, ARIES bordetella assays, ARIES GBS assay, and ARIES C. difficile assays; and VERIGENE test cartridges, as well as operates as an original equipment manufacturer of custom reagents and instrumentation.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-02-25 Bennett Todd C. SVP, Global Sales & Cust Ops Sell 121,507 $34.06 $4,138,088 Yes
2021-03-01 CURRIE HARRISS T SVP, Finance & CFO Sell 5,325 $32.35 $172,262 Yes
2020-11-25 Eck Stephen L. Director Buy 4,487 $22.40 $100,501 No
2020-08-04 LOEWENBAUM G WALTER II Director Sell 50,000 $39.02 $1,951,030 No
2020-08-05 Shapiro Eric SR VP, GLOBAL MARKETING Sell 14,179 $40.16 $569,429 Yes
2020-08-05 Fairchild Nancy SVP, Human Resources Sell 24,283 $40.16 $975,205 No
2020-08-05 SHAMIR NACHUM President & CEO Sell 250,000 $39.03 $9,756,286 Yes
2020-08-05 Rew Richard W. II SVP, Gen Counsel & Corp Secy Sell 22,351 $39.93 $892,476 Yes
2020-07-21 Fairchild Nancy SVP, Human Resources Sell 69,282 $37.85 $2,622,324 Yes
2020-07-17 Myers Randall SVP, Global Mfg and Quality Sell 41,200 $37.50 $1,545,000 Yes
2020-07-17 Fairchild Nancy SVP, Human Resources Sell 50 $37.85 $1,892 Yes
2020-07-17 Collins Charles J. SR VP, R&D - US Sell 22,748 $37.00 $841,676 Yes
2020-07-17 Rew Richard W. II SVP, Gen Counsel & Corp Secy Sell 11,175 $36.93 $412,693 Yes
2020-07-15 LOEWENBAUM G WALTER II Director Sell 100,000 $35.43 $3,542,925 No
2020-07-15 Fairchild Nancy SVP, Human Resources Sell 56,525 $36.01 $2,035,240 Yes
2020-07-15 Collins Charles J. SR VP, R&D - US Sell 37,252 $34.50 $1,285,298 Yes
2020-07-06 LOEWENBAUM G WALTER II Director Sell 26,347 $33.00 $869,382 No
2020-07-06 Fairchild Nancy SVP, Human Resources Sell 23,475 $33.00 $774,675 Yes
2020-07-02 LOEWENBAUM G WALTER II Director Sell 23,653 $32.87 $777,395 No
2020-06-04 LOEWENBAUM G WALTER II Director Sell 100,000 $30.87 $3,087,399 No
2020-06-05 LOEWENBAUM G WALTER II Director Sell 100,000 $30.87 $3,087,399 No
2020-05-26 Myers Randall SVP, Global Mfg and Quality Sell 75,000 $31.05 $2,328,600 Yes
2020-05-22 LOEWENBAUM G WALTER II Director Sell 86,657 $31.27 $2,709,756 No
2020-04-16 SHAMIR NACHUM President & CEO Sell 250,000 $30.50 $7,625,000 Yes
2020-02-27 Myers Randall SVP, Global Mfg and Quality Sell 10,000 $23.66 $236,565 Yes
2020-02-24 Myers Randall SVP, Global Mfg and Quality Sell 7,702 $23.31 $179,561 Yes
2020-02-20 Collins Charles J. SR VP, R&D - US Sell 6,090 $23.53 $143,297 No
2020-02-20 Myers Randall SVP, Global Mfg and Quality Sell 17,298 $23.86 $412,784 Yes
2019-11-18 LOEWENBAUM G WALTER II Director Buy 2,955 $19.80 $58,509 No
2019-11-14 LOEWENBAUM G WALTER II Director Buy 2,045 $19.79 $40,469 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

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.