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 Bregal Sagemount I, L.P. 10%-Owner Sell 830,000 $31.58 $26,214,150 No
2021-04-06 Bregal Sagemount I, L.P. 10%-Owner Sell 5,331,321 $34.00 $181,264,914 No
2020-12-14 Bregal Sagemount I, L.P. 10%-Owner Sell 5,442,047 $26.88 $146,282,223 No

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.