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
Organogenesis Holdings Inc. (ORGO)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

Organogenesis Holdings Inc., a regenerative medicine company, focuses on the development, manufacture, and commercialization of solutions for the advanced wound care, and surgical and sports medicine markets primarily in the United States. The company's pipeline products include TransCyte for the treatment of second- and third-degree burns; PuraForce, a bioengineered porcine collagen surgical matrix for use in soft tissue reinforcement applications; Novachor for the treatment of chronic and acute wounds; Gintuit for the treatment of mucogingival conditions in adults; and PuraPly XT and PuraPly MZ for the treatment of chronic and acute wounds, as well as for surgical treatment of open wounds. It serves hospitals, wound care centers, government facilities, ambulatory service centers, and physician offices. The company sells its products through direct sales representatives and independent agencies.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-24 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 2,839 $4.99 $14,171 No
2020-11-19 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 4,404,162 $3.29 $14,500,672 No
2020-03-16 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 542,349 $3.98 $2,160,957 No
2019-11-26 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 6,000,000 $5.00 $30,000,000 No
2019-09-12 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 860,900 $5.99 $5,155,772 No
2019-09-10 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 537,000 $5.18 $2,782,529 No
2019-09-05 Avista Capital Managing Member IV, LLC 10%-Owner, Director Buy 577,600 $4.84 $2,797,551 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.