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
TPG Pace Tech Opportunities Corp. (PACE)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-11-21 Cohn Charles K. Chief Executive Officer Buy 240,751 $2.34 $564,439 No
2022-11-17 Cohn Charles K. Chief Executive Officer Buy 108,204 $2.26 $244,541 No
2022-11-16 Cohn Charles K. Chief Executive Officer Buy 108,204 $2.51 $271,592 No
2022-10-17 Robinson Heidi Chief Product Officer Sell 16,500 $2.25 $37,076 No
2022-09-26 Robinson Heidi Chief Product Officer Sell 40,000 $2.18 $87,040 No
2022-08-20 LIGHT STREET CAPITAL MANAGEMENT, LLC 10%-Owner Sell 5,000,000 $3.50 $17,500,000 No
2022-08-20 Cohn Charles K. Chief Executive Officer Buy 5,000,000 $3.50 $17,500,000 No
2022-06-24 LIGHT STREET CAPITAL MANAGEMENT, LLC 10%-Owner Sell 6,100 $2.86 $17,445 No
2022-06-23 LIGHT STREET CAPITAL MANAGEMENT, LLC 10%-Owner Sell 63,400 $3.11 $197,153 No
2022-06-15 Cohn Charles K. Chief Executive Officer Buy 209,360 $3.14 $657,390 No
2022-06-10 Cohn Charles K. Chief Executive Officer Buy 100,000 $3.19 $319,000 No
2022-06-09 Cohn Charles K. Chief Executive Officer Buy 150,000 $3.20 $480,000 No
2022-06-08 Cohn Charles K. Chief Executive Officer Buy 100,000 $3.29 $329,000 No
2022-06-07 Cohn Charles K. Chief Executive Officer Buy 111,295 $2.81 $312,739 No
2022-06-06 Cohn Charles K. Chief Executive Officer Buy 150,000 $2.84 $426,000 No
2022-06-03 Cohn Charles K. Chief Executive Officer Buy 20,000 $2.88 $57,600 No
2022-06-02 Cohn Charles K. Chief Executive Officer Buy 57,105 $2.96 $169,031 No
2022-06-01 Cohn Charles K. Chief Executive Officer Buy 452,892 $2.85 $1,290,742 No
2022-05-31 Cohn Charles K. Chief Executive Officer Buy 300,000 $2.81 $843,000 No
2022-05-27 Cohn Charles K. Chief Executive Officer Buy 37,500 $2.56 $96,000 No
2022-05-26 Cohn Charles K. Chief Executive Officer Buy 340,350 $2.35 $799,822 No
2022-05-25 Cohn Charles K. Chief Executive Officer Buy 302,274 $2.23 $674,071 No
2022-05-24 Cohn Charles K. Chief Executive Officer Buy 826,048 $2.00 $1,652,096 No
2022-05-23 Cohn Charles K. Chief Executive Officer Buy 1,307,063 $2.01 $2,627,197 No
2022-05-20 Cohn Charles K. Chief Executive Officer Buy 266,113 $1.73 $460,043 No
2022-05-20 Pello Jason H. Chief Financial Officer Buy 27,000 $1.86 $50,220 No
2022-05-19 Swenson Christopher C. Chief Legal Officer Buy 12,500 $1.70 $21,250 No
2022-03-02 Cohn Charles K. Chief Executive Officer Buy 221,408 $4.52 $1,000,764 No
2021-12-08 Swenson Christopher C. Chief Legal Officer Buy 5,000 $5.97 $29,850 Yes
2021-10-28 LIGHT STREET CAPITAL MANAGEMENT, LLC 10%-Owner Buy 563,063 $8.03 $4,520,309 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

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.