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
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
2020-03-11 Abel Robert A Director Buy 1,000 $17.00 $17,000 No
2020-03-12 Specht William A III Director Buy 500 $17.47 $8,733 No
2020-03-11 De Soto Matthew G Director Buy 1,400 $17.65 $24,706 No
2020-03-10 MOWERY THEODORE W Director Buy 1,000 $18.30 $18,297 No
2020-03-10 Webb Justin T. SEVP and COO Buy 100 $17.88 $1,788 No
2020-03-10 RITRIEVI RORY G President and CEO Buy 100 $17.84 $1,784 No
2020-03-10 Moisey Robert J Director Buy 1,000 $18.12 $18,120 No
2020-03-09 Noone John E Director Buy 1,300 $19.25 $25,021 No
2020-03-09 RITRIEVI RORY G President and CEO Buy 500 $18.92 $9,460 No
2020-03-04 Webb Justin T. SEVP and COO Buy 1,500 $21.47 $32,212 No
2020-03-05 RITRIEVI RORY G President and CEO Buy 1,000 $21.30 $21,302 No
2020-03-04 KERWIN GREGORY M Director Buy 500 $21.08 $10,540 No
2020-03-04 De Soto Matthew G Director Buy 1,220 $20.44 $24,938 No
2020-03-04 Specht William A III Director Buy 1,500 $20.42 $30,624 No
2020-02-28 MOWERY THEODORE W Director Buy 1,500 $22.13 $33,193 No
2020-02-25 Paese Joseph L EVP, Dir. Trust, Wealth Mgmt Buy 300 $23.75 $7,125 No
2020-02-21 De Soto Matthew G Director Buy 1,000 $23.47 $23,473 No
2020-02-18 De Soto Matthew G Director Buy 730 $24.25 $17,702 No
2020-02-14 De Soto Matthew G Director Buy 1,101 $24.25 $26,699 No
2020-02-12 De Soto Matthew G Director Buy 2,299 $24.18 $55,587 No
2020-02-07 MOWERY THEODORE W Director Buy 1,056 $24.84 $26,236 No
2020-02-03 MOWERY THEODORE W Director Buy 1,063 $24.23 $25,754 No
2019-12-31 Abel Robert A Director Buy 18 $28.80 $518 No
2019-12-31 MOWERY THEODORE W Director Buy 70 $28.80 $2,016 No
2019-12-31 Boyer Steven T Director Buy 87 $28.80 $2,506 No
2019-12-31 Moisey Robert J Director Buy 156 $28.80 $4,493 No
2019-12-31 KERWIN GREGORY M Director Buy 35 $28.80 $1,008 No
2019-12-31 Grubic Robert C Director Buy 173 $28.80 $4,982 No
2019-12-31 Klinger Robert E Director Buy 104 $28.80 $2,995 No
2019-12-31 Brumbaugh Kimberly J Director Buy 87 $28.80 $2,506 No

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