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
2021-03-12 Zahut Roi Zion Chief Technology Officer Sell 100,664 $33.84 $3,406,863 Yes
2021-03-16 Zahut Roi Zion Chief Technology Officer Sell 8,439 $31.79 $268,317 No
2021-03-16 Zahut Roi Zion Chief Technology Officer Sell 8,439 $31.79 $268,276 No
2021-03-12 Zahut Roi Zion Chief Technology Officer Sell 52,599 $34.34 $1,806,442 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

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.