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
Metacrine, Inc. (MTCR)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-09-18 Walker Paul Edward 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 Sonsini Peter W. 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 SANDELL SCOTT D 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 MAKOWER JOSHUA 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 Makhzoumi Mohamad 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 Florence Anthony A. Jr. 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 Chang Carmen 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 Behbahani Ali 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 BASKETT FOREST 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 New Enterprise Associates 16, L.P. 10%-Owner Buy 769,230 $13.00 $9,999,990 Yes
2020-09-18 Adelman Robert J 10%-Owner, Director Buy 230,000 $13.00 $2,990,000 Yes
2020-09-18 venBio Global Strategic Fund, L.P. 10%-Owner Buy 230,000 $13.00 $2,990,000 Yes
2020-09-18 Polaris Management Co. VII, L.L.C. 10%-Owner Buy 230,000 $13.00 $2,990,000 Yes
2020-09-18 Nashat Amir 10%-Owner, Director Buy 230,000 $13.00 $2,990,000 Yes
2020-09-18 Burow Kristina Director Buy 230,000 $13.00 $2,990,000 Yes
2020-09-18 ARCH Venture Fund VIII, L.P. 10%-Owner Buy 230,000 $13.00 $2,990,000 Yes
2020-09-18 Alexandria Venture Investments, LLC 10%-Owner Buy 38,461 $13.00 $499,993 Yes

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.