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
Moderna, Inc. (MRNA)
Sector: Healthcare; Industry: Biotechnology

Moderna, Inc., a clinical stage biotechnology company, develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, and cardiovascular diseases. Moderna, Inc. also has a collaboration with Lonza Ltd. for the manufacture of mRNA-1273, a COVID-19 vaccine. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-20 Bancel Stephane Chief Executive Officer Sell 8,455 $72.05 $609,183 No
2020-10-19 Zaks Tal Zvi Chief Medical Officer Sell 15,000 $71.94 $1,079,025 Yes
2020-10-16 Bancel Stephane Chief Executive Officer Sell 11,046 $75.02 $828,618 No
2020-10-15 Bancel Stephane Chief Executive Officer Sell 19,000 $77.53 $1,473,090 No
2020-10-13 Hoge Stephen President Sell 20,000 $76.08 $1,521,688 Yes
2020-10-12 Zaks Tal Zvi Chief Medical Officer Sell 15,000 $74.47 $1,117,049 Yes
2020-10-12 Bancel Stephane Chief Executive Officer Sell 19,265 $73.26 $1,411,259 No
2020-10-08 Bancel Stephane Chief Executive Officer Sell 19,000 $72.42 $1,376,070 No
2020-10-05 Zaks Tal Zvi Chief Medical Officer Sell 15,000 $70.24 $1,053,645 Yes
2020-10-05 Hoge Stephen President Sell 20,000 $68.68 $1,373,600 Yes
2020-10-02 Bancel Stephane Chief Executive Officer Sell 11,046 $70.64 $780,251 No
2020-10-01 Bancel Stephane Chief Executive Officer Sell 27,481 $70.60 $1,940,203 No
2020-09-28 Zaks Tal Zvi Chief Medical Officer Sell 17,197 $70.28 $1,208,549 Yes
2020-09-25 Bancel Stephane Chief Executive Officer Sell 11,046 $68.49 $756,519 No
2020-09-24 Hoge Stephen President Sell 20,000 $66.72 $1,334,311 Yes
2020-09-24 Bancel Stephane Chief Executive Officer Sell 19,000 $66.68 $1,266,910 No
2020-09-21 Zaks Tal Zvi Chief Medical Officer Sell 20,000 $67.30 $1,345,953 Yes
2020-09-21 Bancel Stephane Chief Executive Officer Sell 19,633 $68.08 $1,336,626 No
2020-09-17 Bancel Stephane Chief Executive Officer Sell 19,000 $68.10 $1,293,810 No
2020-09-14 Zaks Tal Zvi Chief Medical Officer Sell 20,034 $62.66 $1,255,321 Yes
2020-09-14 Hoge Stephen President Sell 20,000 $61.42 $1,228,468 Yes
2020-09-11 Bancel Stephane Chief Executive Officer Sell 11,046 $58.42 $645,259 No
2020-09-10 Bancel Stephane Chief Executive Officer Sell 26,030 $56.56 $1,472,319 No
2020-09-08 Zaks Tal Zvi Chief Medical Officer Sell 26,467 $56.20 $1,487,355 Yes
2020-09-04 Bancel Stephane Chief Executive Officer Sell 11,046 $61.87 $683,459 No
2020-09-03 Hoge Stephen President Sell 10,000 $65.65 $656,500 Yes
2020-09-03 Bancel Stephane Chief Executive Officer Sell 10,000 $65.65 $656,500 No
2020-09-02 Hoge Stephen President Sell 10,000 $62.89 $628,900 Yes
2020-09-02 Bancel Stephane Chief Executive Officer Sell 18,247 $63.22 $1,153,564 No
2020-08-31 Zaks Tal Zvi Chief Medical Officer Sell 30,000 $64.10 $1,922,950 Yes

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.