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
MID PENN BANCORP INC (MPB)
Sector: Financial Services; Industry: Banks—Regional

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2019, it operates 39 full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-06-30 Klinger Robert E Director Buy 217 $18.43 $3,999 No
2020-06-30 QUANDEL NOBLE C JR Director Buy 162 $18.43 $2,986 No
2020-06-30 Frank Joel L. Director Buy 136 $18.43 $2,506 No
2020-06-30 Boyer Steven T Director Buy 135 $18.43 $2,488 No
2020-06-30 Moisey Robert J Director Buy 489 $18.43 $9,012 No
2020-06-30 KERWIN GREGORY M Director Buy 54 $18.43 $995 No
2020-06-30 MOWERY THEODORE W Director Buy 109 $18.43 $2,009 No
2020-06-30 Brumbaugh Kimberly J Director Buy 271 $18.43 $4,995 No
2020-06-30 De Soto Matthew G Director Buy 340 $18.43 $6,266 No
2020-06-30 Grubic Robert C Director Buy 271 $18.43 $4,995 No
2020-06-30 Novak Alan P. Director Buy 18 $18.43 $332 No
2020-06-11 Noone John E Director Buy 1,000 $18.61 $18,607 No
2020-05-14 De Soto Matthew G Director Buy 1,485 $16.86 $25,030 No
2020-05-14 Noone John E Director Buy 1,000 $16.96 $16,956 No
2020-05-12 De Soto Matthew G Director Buy 5,355 $18.68 $100,008 No
2020-05-12 Smith Patrick M. Director Buy 500 $18.71 $9,355 No
2020-05-06 Noone John E Director Buy 743 $19.19 $14,261 No
2020-04-30 Noone John E Director Buy 2,257 $20.26 $45,734 No
2020-04-29 Brumbaugh Kimberly J Director Buy 500 $20.50 $10,248 No
2020-03-31 Abel Robert A Director Buy 24 $20.25 $486 No
2020-03-31 KERWIN GREGORY M Director Buy 50 $20.25 $1,012 No
2020-03-31 QUANDEL NOBLE C JR Director Buy 149 $20.25 $3,017 No
2020-03-31 Klinger Robert E Director Buy 149 $20.25 $3,017 No
2020-03-31 MOWERY THEODORE W Director Buy 98 $20.25 $1,984 No
2020-03-31 Grubic Robert C Director Buy 248 $20.25 $5,022 No
2020-03-31 Boyer Steven T Director Buy 124 $20.25 $2,511 No
2020-03-31 Frank Joel L. Director Buy 123 $20.25 $2,491 No
2020-03-31 De Soto Matthew G Director Buy 309 $20.25 $6,257 No
2020-03-31 Brumbaugh Kimberly J Director Buy 247 $20.25 $5,002 No
2020-03-31 Moisey Robert J Director Buy 222 $20.25 $4,496 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.