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
Okta, Inc. (OKTA)
Sector: Technology; Industry: Software—Infrastructure

Okta, Inc. provides identity management platforms for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. In addition, the company offers customer support and training, and professional services.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-27 Kerrest Jacques Frederic Director Sell 300 $99.14 $29,743 Yes
2022-06-16 Tighe Brett Chief Financial Officer Sell 5,913 $79.97 $472,883 Yes
2022-06-16 St. Ledger Susan nan Sell 2,660 $79.97 $212,729 Yes
2022-06-16 McKinnon Todd Chief Executive Officer Sell 4,005 $79.97 $320,293 Yes
2022-06-16 KRAMER CHRISTOPHER K Chief Accounting Officer Sell 831 $79.97 $66,458 Yes
2022-06-16 Kerrest Jacques Frederic Director Sell 2,535 $79.97 $202,733 Yes
2022-05-02 Runyan Jonathan T General Counsel and Secretary Sell 100 $118.41 $11,841 Yes
2022-03-16 Tighe Brett Chief Financial Officer Sell 2,858 $152.92 $437,053 Yes
2022-03-16 Runyan Jonathan T General Counsel and Secretary Sell 2,010 $152.92 $307,375 Yes
2022-03-16 KRAMER CHRISTOPHER K Chief Accounting Officer Sell 1,035 $152.92 $158,275 Yes
2022-03-16 Kerrest Jacques Frederic Director Sell 4,825 $152.92 $737,853 Yes
2022-02-10 Kerrest Jacques Frederic Director Sell 12,074 $200.40 $2,419,648 Yes
2021-12-20 McKinnon Todd Chief Executive Officer Sell 18,363 $220.19 $4,043,324 Yes
2021-12-17 Kerrest Jacques Frederic Director Sell 200 $213.34 $42,668 Yes
2021-12-16 Tighe Brett nan Sell 3,343 $214.89 $718,376 Yes
2021-12-16 Runyan Jonathan T General Counsel and Secretary Sell 1,680 $214.89 $361,015 Yes
2021-12-16 KRAMER CHRISTOPHER K Chief Accounting Officer Sell 991 $214.89 $212,956 Yes
2021-12-16 Kerrest Jacques Frederic Director Sell 3,596 $214.89 $772,743 Yes
2021-11-19 McKinnon Todd Chief Executive Officer Sell 13,818 $246.99 $3,412,850 Yes
2021-10-20 McKinnon Todd Chief Executive Officer Sell 13,818 $256.75 $3,547,764 Yes
2021-10-14 KRAMER CHRISTOPHER K Chief Accounting Officer Sell 3,335 $255.61 $852,443 Yes
2021-10-14 Runyan Jonathan T General Counsel and Secretary Sell 18,392 $260.00 $4,781,920 Yes
2021-09-17 Kerrest Jacques Frederic Director Sell 6,420 $256.52 $1,646,837 No
2021-09-16 KRAMER CHRISTOPHER K Chief Accounting Officer Sell 4,301 $252.62 $1,086,511 Yes
2021-09-09 Dixon Robert L JR Director Sell 800 $263.45 $210,760 No
2021-07-15 KRAMER CHRISTOPHER K Chief Accounting Officer Sell 3,333 $242.94 $809,719 Yes
2021-06-21 McKinnon Todd Chief Executive Officer Sell 18,474 $235.56 $4,351,779 Yes
2021-06-16 Runyan Jonathan T General Counsel and Secretary Sell 1,640 $223.37 $366,331 Yes
2021-06-16 McKinnon Todd Chief Executive Officer Sell 4,697 $223.37 $1,049,181 Yes
2021-06-16 Kerrest Jacques Frederic Director Sell 3,513 $223.37 $784,708 Yes

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.

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.