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
2020-05-12 Bancel Stephane Chief Executive Officer Sell 24,549 $58.20 $1,428,758 No
2020-05-05 Zaks Tal Zvi Chief Medical Officer Sell 4,770 $50.48 $240,790 No
2020-05-01 Andres Juan See remarks Sell 25,000 $48.05 $1,201,309 Yes
2020-05-01 Bancel Stephane Chief Executive Officer Sell 28,442 $48.70 $1,385,125 No
2020-04-24 Hoge Stephen President Sell 10,000 $49.12 $491,232 No
2020-04-24 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $47.15 $471,500 No
2020-04-24 Bancel Stephane Chief Executive Officer Sell 11,046 $47.15 $520,819 No
2020-04-20 Bancel Stephane Chief Executive Officer Sell 28,122 $45.53 $1,280,356 No
2020-04-17 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $48.81 $488,100 No
2020-04-15 Andres Juan See remarks Sell 23,403 $37.11 $868,448 Yes
2020-04-15 Kim Lorence H. Chief Financial Officer Sell 20,000 $36.21 $724,230 No
2020-04-13 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $32.00 $320,000 No
2020-04-13 Hoge Stephen President Sell 10,000 $32.39 $323,898 No
2020-04-13 Bancel Stephane Chief Executive Officer Sell 23,601 $32.00 $755,232 No
2020-04-06 Andres Juan See remarks Sell 300 $35.13 $10,539 Yes
2020-04-03 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $32.81 $328,100 No
2020-04-03 Andres Juan See remarks Sell 13,697 $35.09 $480,628 Yes
2020-04-03 Bancel Stephane Chief Executive Officer Sell 11,046 $32.81 $362,419 No
2020-04-01 Bancel Stephane Chief Executive Officer Sell 13,356 $30.05 $401,348 No
2020-03-27 Bancel Stephane Chief Executive Officer Sell 11,046 $28.37 $313,375 No
2020-03-27 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $28.37 $283,700 No
2020-03-24 Hoge Stephen President Sell 10,000 $26.58 $265,812 No
2020-03-20 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $29.13 $291,300 No
2020-03-20 Bancel Stephane Chief Executive Officer Sell 25,195 $29.13 $733,930 No
2020-03-18 Andres Juan See remarks Sell 31,598 $31.25 $987,365 Yes
2020-03-16 Kim Lorence H. Chief Financial Officer Sell 20,000 $26.19 $523,819 No
2020-03-16 Bancel Stephane Chief Executive Officer Sell 11,046 $21.17 $233,857 No
2020-03-13 Zaks Tal Zvi Chief Medical Officer Sell 10,000 $23.00 $230,000 No
2020-03-13 Hoge Stephen President Sell 9,990 $22.06 $220,366 No
2020-03-09 LEE JENNIFER LING Chief Accounting Officer Sell 361 $27.33 $9,866 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

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.