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
2020-01-14 KANIA EDWIN M JR 10%-Owner Sell 475,000 $20.26 $9,623,813 No
2020-01-03 Bancel Stephane Chief Executive Officer Sell 16,160 $19.21 $310,397 No
2019-12-27 Bancel Stephane Chief Executive Officer Sell 11,046 $19.53 $215,728 No
2019-12-20 Bancel Stephane Chief Executive Officer Sell 11,046 $19.69 $217,496 No
2019-12-12 Zaks Tal Zvi Chief Medical Officer Sell 100,000 $18.54 $1,854,000 No
2019-12-13 Bancel Stephane Chief Executive Officer Sell 11,046 $18.53 $204,682 No
2019-12-10 KANIA EDWIN M JR 10%-Owner Sell 100,000 $18.81 $1,880,840 No
2019-12-11 Flagship Ventures Fund IV General Partner LLC 10%-Owner, Director Sell 435,855 $18.81 $8,196,936 No
2019-12-06 Kim Lorence H. Chief Financial Officer Sell 238,532 $20.00 $4,770,190 Yes
2019-12-06 Bancel Stephane Chief Executive Officer Sell 11,046 $20.01 $221,081 No
2019-11-29 Bancel Stephane Chief Executive Officer Sell 11,046 $20.54 $226,885 No
2019-11-22 Bancel Stephane Chief Executive Officer Sell 11,046 $20.48 $226,222 No
2019-11-20 HUTT PETER BARTON Director Sell 200,000 $20.18 $4,036,000 Yes
2019-11-15 Bancel Stephane Chief Executive Officer Sell 11,046 $19.03 $210,216 No
2019-11-08 Bancel Stephane Chief Executive Officer Sell 11,046 $17.38 $191,979 No
2019-11-01 Bancel Stephane Chief Executive Officer Sell 11,046 $16.08 $177,570 No
2019-09-17 HUTT PETER BARTON Director Sell 100,000 $17.63 $1,763,000 Yes

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ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.