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
Mohawk Group Holdings, Inc. (MWK)
Sector: Technology; Industry: Consumer Electronics

Mohawk Group Holdings, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in the United States and internationally. The company provides home and kitchen appliances; kitchenware; environmental appliances, such as dehumidifiers and air conditioners; beauty related products; and consumer electronics under the hOmeLabs, Vremi, Xtava, and RIF6 brands.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-16 Risico Joseph A Chief Legal Officer Sell 150,280 $31.16 $4,683,138 Yes
2021-03-16 Risico Joseph A Chief Legal Officer Sell 38,756 $29.83 $1,156,091 Yes
2021-03-11 Risico Joseph A Chief Legal Officer Sell 40,541 $34.15 $1,384,608 No

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.

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.