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
Ranpak Holdings Corp. (PACK)
Sector: Consumer Cyclical; Industry: Packaging & Containers

Ranpak Holdings Corp. and its subsidiaries provide product protection solutions for e-commerce and industrial supply chains. The Void-Fill protective systems convert paper to fill empty spaces in secondary packages and protect objects. The Cushioning protective systems convert paper into cushioning pads. The Line Automation solutions include capital equipment, which can size, pad, fill, flap, lid, tape, and/or label the product in an integrated fashion with the speed and flow of the customer's packaging line. The company was founded in 1972 and is headquartered in Concord Township, Ohio.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-11-17 Tranen Alicia M. Director Buy 75,100 $5.76 $432,346 No
2022-08-19 Grassotti Antonio Managing Director, APAC Buy 5,000 $5.95 $29,750 No
2022-08-05 Grassotti Antonio Managing Director, APAC Buy 5,000 $5.12 $25,600 No
2022-07-29 Grassotti Antonio Managing Director, APAC Buy 4,700 $4.85 $22,795 No
2022-08-01 Tranen Alicia M. Director Buy 260,000 $5.14 $1,337,250 No
2022-06-07 Jones Michael Anthony Executive Vice Chairman Sell 29,300 $11.29 $330,797 No
2022-05-19 El Pamela K. Director Buy 2,000 $12.19 $24,380 No
2022-01-10 Zumwalt Kurt Director Sell 6,885 $34.15 $235,123 No
2021-11-08 Laurensse Eric Managing Director, Europe Sell 16,304 $38.79 $632,432 No
2021-11-09 Grassotti Antonio Managing Director, APAC Sell 10,918 $40.38 $440,869 No
2021-11-01 Corley Thomas F. Director Sell 5,901 $35.70 $210,636 No
2021-09-07 Jones Michael Anthony Executive Vice Chairman Sell 60,000 $31.35 $1,880,980 No
2021-09-02 Kovach Steve A. Director Sell 9,640 $32.00 $308,480 No
2021-05-26 ASALI OMAR CEO and Executive Chairman Sell 500,000 $19.79 $9,895,000 No
2020-06-09 Drew William Interim CFO Buy 5,000 $7.58 $37,915 No
2020-06-09 ASALI OMAR CEO and Executive Chairman Buy 32,850 $7.60 $249,821 No
2019-12-13 JS Capital Management LLC 10%-Owner Buy 4,615,384 $6.50 $29,999,996 No
2019-11-25 ASALI OMAR CEO and Executive Chairman Buy 10,000 $6.13 $61,290 No
2019-11-21 ASALI OMAR CEO and Executive Chairman Buy 9,000 $6.02 $54,220 No
2019-08-29 Meyerhoefer Trent Chief Financial Officer Buy 12,500 $5.53 $69,122 No
2019-08-27 Meyerhoefer Trent Chief Financial Officer Buy 14,500 $5.42 $78,595 No

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.