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
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
2021-07-22 Bancel Stephane Chief Executive Officer Sell 19,000 $309.26 $5,876,000 No
2021-07-19 Andres Juan nan Sell 20,000 $282.43 $5,648,550 Yes
2021-07-07 Andres Juan nan Sell 5,000 $231.76 $1,158,800 Yes
2021-07-06 Hoge Stephen President Sell 10,000 $229.62 $2,296,200 Yes
2021-06-30 Andres Juan nan Sell 5,000 $237.00 $1,185,000 Yes
2021-06-28 Andres Juan nan Sell 5,000 $223.00 $1,115,000 Yes
2021-06-23 Andres Juan nan Sell 5,000 $219.65 $1,098,250 Yes
2021-06-24 Hoge Stephen President Sell 20,000 $215.59 $4,311,835 Yes
2021-06-24 Bancel Stephane Chief Executive Officer Sell 19,000 $216.56 $4,114,650 No
2021-06-21 Andres Juan nan Sell 5,000 $200.86 $1,004,300 Yes
2021-06-16 Zaks Tal Zvi Chief Medical Officer Sell 5,000 $200.00 $1,000,000 Yes
2021-06-17 Bancel Stephane Chief Executive Officer Sell 19,000 $200.00 $3,800,000 No
2021-06-14 Hoge Stephen President Sell 20,000 $213.32 $4,266,400 Yes
2021-06-14 Andres Juan nan Sell 5,000 $213.32 $1,066,600 Yes
2021-06-09 Zaks Tal Zvi Chief Medical Officer Sell 5,000 $212.30 $1,061,500 Yes
2021-06-09 Andres Juan nan Sell 5,000 $212.30 $1,061,500 Yes
2021-06-10 Bancel Stephane Chief Executive Officer Sell 19,000 $214.62 $4,077,700 No
2021-06-07 Andres Juan nan Sell 5,000 $207.04 $1,035,200 Yes
2021-06-03 Bancel Stephane Chief Executive Officer Sell 10,000 $188.89 $1,888,900 No
2021-06-03 Hoge Stephen President Sell 20,000 $186.40 $3,727,900 Yes
2021-06-02 Zaks Tal Zvi Chief Medical Officer Sell 5,000 $183.90 $919,500 Yes
2021-06-02 Bancel Stephane Chief Executive Officer Sell 20,062 $183.64 $3,684,254 No
2021-05-27 HENDERSON LORI M. General Counsel and Secretary Sell 6,600 $174.20 $1,149,720 Yes
2021-05-27 Bancel Stephane Chief Executive Officer Sell 19,000 $171.59 $3,260,300 No
2021-05-26 Zaks Tal Zvi Chief Medical Officer Sell 5,000 $168.70 $843,500 Yes
2021-05-26 Andres Juan nan Sell 5,000 $168.70 $843,500 Yes
2021-05-25 HENDERSON LORI M. General Counsel and Secretary Sell 6,600 $166.58 $1,099,428 Yes
2021-05-21 Bancel Stephane Chief Executive Officer Sell 11,046 $164.07 $1,812,302 No
2021-05-24 Andres Juan nan Sell 5,000 $162.45 $812,250 Yes
2021-05-24 Hoge Stephen President Sell 20,000 $163.55 $3,270,970 Yes

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.