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
NEUROCRINE BIOSCIENCES INC (NBIX)
Sector: Healthcare; Industry: Biotechnology

Neurocrine Biosciences, Inc., a commercial-stage biopharmaceutical company, discovers and develops therapeutics for the treatment of neurological, endocrine, and psychiatric disorders in the United States. The company's products under development include NBIb-1817, an AADC gene replacement therapy, which is in Phase II clinical trial for the treatment of Parkinson's disease; NBI-921352, a Nav1.6 sodium channel inhibitor for the treatment of pediatric patients with SCN8A-DEE, as well as other indications, such as adult focal epilepsy; ACT-709478, an orally active and brain penetrating T-type calcium channel blocker for use in certain forms of generalized epilepsy; and VMAT2 inhibitor for the treatment of various neurology and/or psychiatry disorders. The company was founded in 1992 and is headquartered in San Diego, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-01-08 ROBERTS EIRY Chief Medical Officer Sell 2,632 $111.06 $292,297 No
2021-01-08 GORMAN KEVIN CHARLES Chief Executive Officer Sell 308,250 $110.22 $33,973,877 Yes
2020-12-01 ABERNETHY MATT Chief Financial Officer Sell 1,645 $94.66 $155,721 No
2020-11-12 BENEVICH ERIC Chief Commercial Officer Sell 2,257 $90.71 $204,723 No
2020-11-12 ROBERTS EIRY Chief Medical Officer Sell 2,257 $90.74 $204,810 No
2020-11-12 Lloyd-Smith Malcolm Chief Regulatory Officer Sell 2,257 $90.73 $204,776 No
2020-11-12 Lippoldt Darin Chief Legal Officer Sell 2,257 $90.72 $204,755 No
2020-11-12 Grigoriadis Dimitri E. Chief Research Officer Sell 2,257 $90.73 $204,784 No
2020-11-12 GORMAN KEVIN CHARLES Chief Executive Officer Sell 3,390 $90.78 $307,748 No
2020-11-12 Gano Kyle Chief Business Development Off Sell 2,257 $90.73 $204,770 No
2020-11-12 Cooke Julie Chief Human Resources Officer Sell 2,257 $90.73 $204,778 No
2020-11-12 Bozigian Haig P. Chief Development Officer Sell 2,257 $90.74 $204,806 No
2020-11-12 ABERNETHY MATT Chief Financial Officer Sell 2,257 $90.74 $204,810 No
2020-11-02 BENEVICH ERIC Chief Commercial Officer Sell 20,595 $96.53 $1,987,972 Yes
2020-10-02 Cooke Julie Chief Human Resources Officer Sell 987 $95.26 $94,022 No
2020-08-05 ROBERTS EIRY Chief Medical Officer Sell 2,257 $118.84 $268,225 No
2020-08-05 Lloyd-Smith Malcolm Chief Regulatory Officer Sell 2,257 $118.86 $268,277 No
2020-08-05 Lippoldt Darin Chief Legal Officer Sell 2,257 $118.87 $268,297 No
2020-08-05 Grigoriadis Dimitri E. Chief Research Officer Sell 2,257 $118.83 $268,200 No
2020-08-05 GORMAN KEVIN CHARLES Chief Executive Officer Sell 3,390 $118.91 $403,101 No
2020-08-05 Gano Kyle Chief Business Development Off Sell 2,257 $118.87 $268,286 No
2020-08-05 Cooke Julie Chief Human Resources Officer Sell 2,257 $118.91 $268,383 No
2020-08-05 Bozigian Haig P. Chief Development Officer Sell 2,257 $118.89 $268,324 No
2020-08-05 BENEVICH ERIC Chief Commercial Officer Sell 2,257 $118.85 $268,254 No
2020-08-05 ABERNETHY MATT Chief Financial Officer Sell 2,257 $118.90 $268,356 No
2020-07-09 Lippoldt Darin Chief Legal Officer Sell 1,657 $136.02 $225,386 Yes
2020-06-23 ROBERTS EIRY Chief Medical Officer Sell 5,000 $130.00 $650,000 Yes
2020-06-23 Lippoldt Darin Chief Legal Officer Sell 5,000 $130.00 $650,000 Yes
2020-05-18 Lippoldt Darin Chief Legal Officer Sell 5,000 $120.00 $600,000 Yes
2020-05-19 Grigoriadis Dimitri E. Chief Research Officer Sell 52,749 $125.31 $6,609,733 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

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?