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
NexImmune, Inc. (NEXI)

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-02-17 Jones Kristi Chief Operating Officer Buy 911 $17.00 $15,487 Yes
2021-02-17 ZELDIS JEROME B Executive VP of Research & Dev Buy 5,882 $17.00 $99,994 No
2021-02-17 Verstandig Grant Director Buy 175,000 $17.00 $2,975,000 Yes
2021-02-17 BARER SOL J Director Buy 60,000 $17.00 $1,020,000 Yes

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.

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.