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
ONEOK INC /NEW/ (OKE)
Sector: Energy; Industry: Oil & Gas Midstream

ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities that interconnect with its NGL fractionation and pipeline assets. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-17 NORTON PIERCE President & CEO Buy 8,975 $55.54 $498,462 No
2022-03-03 HELDERMAN MARK W Director Sell 30,000 $67.27 $2,017,950 No
2020-03-25 DERKSEN BRIAN L Director Buy 8,700 $22.70 $197,527 No
2020-03-20 SPEARS MARY M VP & CHIEF ACCOUNTING OFFICER Buy 2,000 $21.39 $42,770 No
2020-03-18 PARKER GARY DAVID Director Buy 2,500 $16.50 $41,252 No
2020-03-18 HELDERMAN MARK W Director Buy 30,000 $13.06 $391,788 No
2020-03-18 SPENCER TERRY K PRESIDENT & CEO Buy 32,806 $14.99 $491,717 No
2020-03-18 GIBSON JOHN WILLIAM OKE Chairman of the Board Buy 32,980 $14.85 $489,588 No
2020-03-13 HULSE WALTER S III CFO&EVP StratPlng&Corp Affairs Buy 10,000 $28.05 $280,520 No
2020-03-10 SPENCER TERRY K PRESIDENT & CEO Buy 27,701 $36.03 $997,944 No
2020-03-09 GIBSON JOHN WILLIAM OKE Chairman of the Board Buy 12,700 $39.11 $496,741 No
2019-12-17 HELDERMAN MARK W Director Buy 6,094 $73.95 $450,657 No
2019-11-25 SPEARS MARY M VP & CHIEF ACCOUNTING OFFICER Sell 2,000 $71.84 $143,690 No
2019-03-15 RODRIGUEZ EDUARDO A Director Sell 1,500 $66.75 $100,130 No
2018-08-06 DERKSEN BRIAN L Director Buy 1,500 $67.60 $101,400 No
2018-03-26 RODRIGUEZ EDUARDO A Director Sell 2,100 $56.94 $119,574 No
2018-03-08 MIERS SHEPPARD F III VP & Chief Accounting Officer Sell 2,200 $56.70 $124,729 No
2017-11-20 DERKSEN BRIAN L Director Buy 1,800 $51.00 $91,800 No
2017-06-16 RODRIGUEZ EDUARDO A Director Sell 2,000 $50.34 $100,680 No
2016-03-17 DERKSEN BRIAN L Director Buy 1,800 $30.33 $54,594 No
2016-03-07 MIERS SHEPPARD F III VP & Chief Accounting Officer Sell 3,900 $27.51 $107,280 No
2015-12-24 HULSE WALTER S III EVP STRATEGIC PLNG & CORP DEV Buy 15,000 $23.98 $359,686 No
2015-05-08 RODRIGUEZ EDUARDO A Director Sell 3,700 $44.74 $165,538 No
2015-03-19 MIERS SHEPPARD F III VP & Chief Accounting Officer Sell 3,000 $46.84 $140,518 No
2014-05-21 RODRIGUEZ EDUARDO A Director Sell 1,900 $63.51 $120,669 Yes
2014-05-19 CHRISTENSEN WESLEY JOHN SR VP OPERATIONS Sell 11,693 $62.27 $728,111 No
2013-08-09 RODRIGUEZ EDUARDO A Director Sell 1,900 $52.57 $99,877 No
2012-11-07 MOORE PATTYE L Director Sell 5,000 $44.98 $224,905 Yes
2012-08-06 MOORE PATTYE L Director Sell 5,000 $45.00 $225,000 Yes
2012-05-09 MOORE PATTYE L Director Sell 5,000 $85.50 $427,500 Yes

Insider Smart

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Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.