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
Magnolia Oil & Gas Corp (MGY)
Sector: Energy; Industry: Oil & Gas E&P

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-10-07 Walker John B 10%-Owner, Director Sell 5,000,000 $18.50 $92,500,000 Yes
2021-10-07 EnerVest, Ltd. 10%-Owner, Director Sell 5,000,000 $18.50 $92,500,000 Yes
2021-09-28 Walker John B 10%-Owner, Director Sell 7,500,000 $16.38 $122,850,000 Yes
2021-09-28 EnerVest, Ltd. 10%-Owner, Director Sell 7,500,000 $16.38 $122,850,000 Yes
2021-06-18 Walker John B 10%-Owner, Director Sell 7,600,000 $14.35 $109,060,000 Yes
2021-06-18 EnerVest, Ltd. 10%-Owner, Director Sell 7,600,000 $14.35 $109,060,000 Yes
2021-03-05 Walker John B 10%-Owner, Director Sell 19,550,000 $10.16 $198,555,665 Yes
2021-03-05 EnerVest, Ltd. 10%-Owner, Director Sell 19,550,000 $10.16 $198,555,665 Yes
2020-11-19 CHAZEN STEPHEN I Chairman, President & CEO Buy 40,000 $5.77 $230,924 No
2020-09-22 CHAZEN STEPHEN I Chairman, President & CEO Buy 35,000 $5.59 $195,748 No
2020-06-26 CHAZEN STEPHEN I Chairman, President & CEO Buy 25,000 $5.59 $139,661 No
2020-06-23 CHAZEN STEPHEN I Chairman, President & CEO Buy 50,000 $5.92 $295,900 No
2020-03-06 Busch Angela M Director Buy 12,500 $6.71 $83,872 No
2020-02-27 Busch Angela M Director Buy 10,000 $7.15 $71,500 No
2020-02-26 LARSON JAMES R Director Buy 650 $7.74 $5,031 No
2020-02-25 CHAZEN STEPHEN I Chairman, President & CEO Buy 201,000 $7.79 $1,566,402 No
2019-12-18 MacDougall Michael G. Director Sell 137,779 $12.40 $1,707,971 No
2019-12-13 MacDougall Michael G. Director Sell 65,395 $12.04 $787,639 No
2019-12-10 MacDougall Michael G. Director Sell 150,000 $11.62 $1,743,720 No
2019-12-05 MacDougall Michael G. Director Sell 150,000 $11.19 $1,678,390 No
2019-12-02 MacDougall Michael G. Director Sell 146,826 $11.13 $1,633,468 No
2019-11-26 MacDougall Michael G. Director Sell 100,000 $11.53 $1,152,940 No
2019-11-22 MacDougall Michael G. Director Sell 100,000 $11.55 $1,154,585 No
2019-11-20 MacDougall Michael G. Director Sell 150,000 $11.37 $1,706,065 No
2019-08-27 LARSON JAMES R Director Buy 500 $9.96 $4,979 No
2019-08-09 CHAZEN STEPHEN I Chairman, President & CEO Buy 25,000 $10.22 $255,425 No
2019-03-06 CHAZEN STEPHEN I Chairman, President & CEO Buy 25,000 $12.31 $307,738 No
2019-03-05 LARSON JAMES R Director Buy 400 $12.77 $5,107 No
2018-12-14 Yang Timothy D. EVP - General Counsel & Sec Buy 20,000 $11.17 $223,400 Yes
2018-09-13 CHAZEN STEPHEN I Chairman, President & CEO Buy 10,000 $13.94 $139,400 Yes

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.