Why insider trading matters?

Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

- Peter Lynch
Ovintiv Inc. (OVV)
Sector: Energy; Industry: Oil & Gas E&P

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-03-09 McAllister Michael Gerard President Buy 2,745 $3.99 $10,953 No
2020-02-28 McAllister Michael Gerard President Buy 3,400 $10.91 $37,094 No
2020-02-25 McAllister Michael Gerard President Buy 2,600 $13.77 $35,802 No

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.