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
The Liberty SiriusXM Group (LSXMA)
Sector: Communication Services; Industry: Broadcasting

Formula One Group operates in the motorsports business. Formula One Group operates as a subsidiary of Liberty Media Corporation.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-07-02 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 100 $27.92 $2,792 No
2021-06-04 MALONE JOHN C Chairman of the Board Sell 51,500 $44.13 $2,272,700 No
2021-06-04 MALONE JOHN C Chairman of the Board Sell 51,500 $44.13 $2,272,700 No
2021-05-10 GAMCO INVESTORS, INC. ET AL 10%-Owner Sell 2,000 $27.40 $54,793 No
2021-03-09 Wendling Brian J CAO/PFO Sell 16,317 $43.10 $703,199 No
2021-03-04 RAPLEY DAVID E Director Sell 1,125 $44.16 $49,677 No
2021-02-17 GAMCO INVESTORS, INC. ET AL 10%-Owner Sell 1,000 $28.48 $28,480 No
2020-12-03 MALONE JOHN C Chairman of the Board Sell 60,302 $41.52 $2,503,582 No
2020-12-02 MALONE JOHN C Chairman of the Board Sell 104,571 $41.31 $4,319,638 No
2020-11-30 MALONE JOHN C Chairman of the Board Sell 65,935 $41.52 $2,737,305 No
2020-11-25 MALONE JOHN C Chairman of the Board Sell 143,884 $42.22 $6,075,021 No
2020-11-23 MALONE JOHN C Chairman of the Board Sell 360,724 $39.01 $14,073,561 No
2020-11-19 MALONE JOHN C Chairman of the Board Sell 349,584 $39.12 $13,675,525 No
2020-08-13 RAPLEY DAVID E Director Sell 2,021 $36.10 $72,958 No
2020-07-21 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 600 $19.58 $11,751 No
2020-07-15 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 7,694 $18.27 $140,552 No
2020-06-18 MALONE JOHN C Chairman of the Board Sell 500,000 $36.21 $18,104,167 No
2020-06-05 Ancient Art, L.P. 10%-Owner Sell 50,000 $35.84 $1,791,930 No
2020-06-03 Ancient Art, L.P. 10%-Owner Sell 7,304 $35.69 $260,697 No
2020-06-01 WESCHLER, R. TED Member of 10% owner group Buy 450,000 $37.35 $16,807,500 No
2020-06-01 BERKSHIRE HATHAWAY INC 10%-Owner Buy 450,000 $37.35 $16,807,500 No
2020-05-29 WESCHLER, R. TED Member of 10% owner group Buy 2,374,180 $36.15 $85,824,685 Yes
2020-05-29 BERKSHIRE HATHAWAY INC 10%-Owner Buy 2,374,180 $36.15 $85,824,685 Yes
2020-05-26 WESCHLER, R. TED Member of 10% owner group Buy 2,016,950 $32.56 $65,678,861 Yes
2020-05-26 BERKSHIRE HATHAWAY INC 10%-Owner Buy 2,016,950 $32.56 $65,678,861 Yes
2020-03-18 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 4,000 $15.50 $62,000 No
2020-03-10 Gilchrist Malcolm Ian Grant Director Sell 1,484 $33.86 $50,243 No
2020-03-11 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 1,000 $20.21 $20,210 No
2020-01-24 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 1,200 $29.55 $35,460 No
2020-01-22 GAMCO INVESTORS, INC. ET AL 10%-Owner Buy 1,000 $29.25 $29,250 No

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.