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
Open Lending Corp (LPRO)

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-08-20 Yoon Gene 10%-Owner, Director Sell 830,000 $31.58 $26,214,150 No
2021-08-24 Yoon Gene 10%-Owner, Director Sell 170,000 $34.75 $5,907,517 No
2021-04-06 Yoon Gene 10%-Owner, Director Sell 5,331,321 $34.00 $181,264,914 No
2020-12-14 Yoon Gene 10%-Owner, Director Sell 4,835,747 $26.88 $129,984,879 No

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.

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.