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
Marijuana Co of America, Inc. (MCOA)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

Marijuana Company of America, Inc., through its subsidiaries, engages in the product research and development of hemp-derived consumer products under the hempSMART brand name in the United States and internationally. The company's hempSMART products include hempSMART Brain, a patented formula that combines hemp-derived cannabidiol (CBD) for brain; hempSMART Pain capsules for relief of minor discomfort with physical activity; hempSMART Pain Cream for muscle relief; hempSMART Drops, hemp CBD oil tincture drops; hempSMART Pet Drops for cats and dogs; and hempSMART Face, a facial moisturizer. Marijuana Company of America, Inc. was incorporated in 1985 and is headquartered in Escondido, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-01-25 Psomiadis Themistocles Director Sell 2,000,000 $0.01 $17,000 No
2021-01-20 Psomiadis Themistocles Director Sell 1,428,571 $0.01 $11,714 No
2020-12-04 Psomiadis Themistocles Director Sell 1,500,001 $0.00 $1,650 No
2020-10-05 Psomiadis Themistocles Director Buy 1,500,001 $0.00 $1,500 No
2020-11-25 Psomiadis Themistocles Director Buy 11,428,571 $0.00 $16,000 No
2020-10-05 Psomiadis Themistocles Director Buy 1,500,001 $0.00 $150 No
2020-09-02 Psomiadis Themistocles Vice President Sell 7,784,818 $0.00 $10,899 No
2020-08-12 Psomiadis Themistocles Vice President Sell 212,121 $0.00 $679 No
2020-06-08 STEINBERG DONALD J 10%-Owner Sell 220,879 $0.01 $1,193 No
2020-05-14 STEINBERG DONALD J 10%-Owner Sell 529,000 $0.01 $2,645 No
2020-05-14 Quintero Jesus President, CEO Sell 1,000,000 $0.01 $5,000 No
2019-12-26 STEINBERG DONALD J 10%-Owner Sell 198,040 $0.07 $13,031 No
2019-12-20 STEINBERG DONALD J 10%-Owner Sell 138,965 $0.06 $8,862 No
2019-12-03 STEINBERG DONALD J President Sell 117,541 $0.14 $16,326 No
2019-07-31 STEINBERG DONALD J President Sell 1,137,183 $0.01 $6,729 No
2019-08-01 Larsen Charles John 10%-Owner Sell 2,427,737 $0.01 $13,857 No
2019-07-23 STEINBERG DONALD J President Sell 644,236 $0.01 $3,865 No
2019-07-25 Larsen Charles John 10%-Owner Sell 1,500,000 $0.01 $9,000 No
2019-07-18 Larsen Charles John 10%-Owner Sell 3,000,000 $0.01 $21,000 No
2019-07-11 Larsen Charles John 10%-Owner Sell 1,611,926 $0.01 $11,783 No
2019-07-10 STEINBERG DONALD J President Sell 1,000,000 $0.01 $7,500 No
2019-07-02 Larsen Charles John 10%-Owner Sell 500,000 $0.01 $5,000 No
2019-06-28 Larsen Charles John 10%-Owner Sell 1,000,000 $0.05 $54,500 No
2019-06-10 STEINBERG DONALD J President Sell 2,134,450 $0.01 $25,973 No
2019-05-29 STEINBERG DONALD J President Sell 1,500,000 $0.01 $19,500 No
2019-05-23 STEINBERG DONALD J President Sell 1,500,000 $0.01 $20,000 No
2019-04-29 STEINBERG DONALD J President Sell 1,137,183 $0.01 $14,320 No
2019-04-17 STEINBERG DONALD J President Sell 707,500 $0.01 $9,834 No
2019-04-09 STEINBERG DONALD J President Sell 500,000 $0.01 $6,900 No
2019-04-08 STEINBERG DONALD J President Sell 1,000,000 $0.01 $13,650 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.