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
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

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