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
Sunnova Energy International Inc. (NOVA)
Sector: Technology; Industry: Solar

Sunnova Energy International Inc. provides residential solar and energy storage services in the United States. It operates a fleet of residential solar energy systems with a generation capacity of approximately 572 megawatts serving approximately 80,000 customers. Sunnova Energy International Inc. was founded in 2012 and is headquartered in Houston, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-01-06 Santo Salvo John T nan Sell 176,689 $50.04 $8,842,213 Yes
2020-12-22 Santo Salvo John T nan Sell 49,290 $46.69 $2,301,266 Yes
2020-12-15 Santo Salvo John T nan Sell 32,944 $42.36 $1,395,508 Yes
2020-12-15 ECP ControlCo, LLC 10%-Owner Sell 3,000,000 $40.80 $122,400,000 No
2020-12-15 ECP Sunnova Holdings, LP 10%-Owner Sell 3,000,000 $40.80 $122,400,000 No
2020-12-08 Baker Walter A nan Sell 49,891 $39.50 $1,970,907 Yes
2020-12-07 MORGAN MICHAEL C Director Sell 100,000 $38.40 $3,839,812 No
2020-12-01 Newlight Partners LP Director Sell 4,025,000 $37.00 $148,925,000 No
2020-11-23 Allen Stuart D nan Sell 12,700 $36.30 $461,010 Yes
2020-11-18 Allen Stuart D nan Sell 1,512 $36.01 $54,447 Yes
2020-11-09 Allen Stuart D nan Sell 22,299 $36.08 $804,548 Yes
2020-11-09 Grasso Michael P nan Sell 27,044 $34.54 $934,008 Yes
2020-10-02 ECP ControlCo, LLC 10%-Owner Sell 5,000,000 $28.00 $140,000,000 No
2020-10-02 Grasso Michael P nan Sell 26,402 $29.84 $787,770 Yes
2020-10-02 Berger William J Director Buy 500 $28.39 $14,195 No
2020-09-30 SHAPER C PARK Director Sell 300,000 $29.04 $8,710,883 No
2020-09-29 Berger William J Director Buy 500 $26.83 $13,415 No
2020-09-25 SHAPER C PARK Director Sell 200,000 $26.02 $5,203,007 No
2020-08-18 ECP ControlCo, LLC 10%-Owner Sell 7,229,760 $24.12 $174,417,960 No
2020-08-04 Newlight Partners LP 10%-Owner, Director Sell 2,100,000 $25.25 $53,025,000 No
2020-07-29 Allen Stuart D nan Sell 28,600 $23.74 $678,964 Yes
2020-07-29 Baker Walter A nan Sell 32,055 $23.74 $760,986 Yes
2020-07-13 Allen Stuart D nan Sell 9,780 $18.89 $184,744 No
2020-07-09 Allen Stuart D nan Sell 64,800 $19.09 $1,237,032 Yes
2020-07-08 Baker Walter A nan Sell 78,243 $18.81 $1,472,092 Yes
2020-07-06 ECP ControlCo, LLC 10%-Owner Sell 6,211,533 $15.76 $97,878,231 No
2020-07-06 LANE ROBERT LAWRENCE nan Buy 3,000 $16.50 $49,500 No
2020-06-02 Berger William J Director Buy 1,000 $15.46 $15,460 No
2020-05-27 Berger William J Director Buy 500 $13.60 $6,800 No
2020-05-22 Andrew Anne S Director Buy 3,650 $13.69 $49,972 No

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

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.