Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
PLAINS GP HOLDINGS LP (PAGP)
Sector: Energy; Industry: Oil & Gas Midstream

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-18 RAYMOND JOHN T Director Sell 6,220,955 $8.05 $50,078,688 Yes
2020-11-18 EMG Investment, LLC nan Sell 6,220,955 $8.05 $50,078,688 Yes
2020-09-16 Burk Victor Director Sell 3,004 $7.37 $22,139 No
2020-03-18 SINNOTT ROBERT V Director Buy 125,000 $4.20 $525,500 No
2020-03-16 Chiang Willie CW Chairman and CEO Buy 41,600 $5.82 $241,933 No
2020-03-18 ARMSTRONG GREG L Director Buy 100,000 $3.80 $380,000 No
2020-03-12 ARMSTRONG GREG L Director Buy 20,000 $7.25 $145,000 No
2020-03-12 PEFANIS HARRY N President & CCO Buy 20,000 $7.36 $147,100 No
2020-02-26 PEFANIS HARRY N President & CCO Buy 30,000 $14.39 $431,787 No
2020-02-25 Chiang Willie CW Chairman and CEO Buy 65,000 $15.82 $1,028,482 No
2020-02-24 ARMSTRONG GREG L Director Buy 70,187 $15.90 $1,116,303 No
2019-11-20 Chiang Willie CW CEO Buy 60,000 $17.14 $1,028,160 No
2019-11-20 ARMSTRONG GREG L Director Buy 60,000 $17.14 $1,028,634 No
2019-11-18 GOYANES EVERARDO Director Buy 20,000 $17.91 $358,294 No
2019-09-23 Oxy Holding Co (Pipeline), Inc. See remarks Sell 15,000,000 $21.84 $327,600,000 Yes
2019-05-28 RAYMOND JOHN T Director Sell 7,328,291 $23.10 $169,283,522 Yes
2019-05-28 EMG Investment, LLC See Remarks Sell 7,328,291 $23.10 $169,283,522 Yes
2019-05-15 GOYANES EVERARDO Director Sell 20,000 $24.60 $491,994 No
2018-12-28 Brown Oscar K Director Buy 1,000 $19.82 $19,820 No
2018-12-27 Brown Oscar K Director Buy 4,400 $19.54 $85,991 No
2018-11-23 Brown Oscar K Director Buy 2,500 $20.42 $51,048 No
2018-09-25 RAYMOND JOHN T Director Buy 25,000 $23.40 $584,998 No
2018-02-15 Brown Oscar K Director Buy 7,100 $22.51 $159,788 No
2017-08-10 McGee Richard K. EVP, General Counsel & Sec. Buy 2,500 $21.07 $52,688 No
2017-08-09 GOYANES EVERARDO Director Buy 20,000 $21.25 $425,000 No
2017-08-09 ARMSTRONG GREG L Chairman of the Board & CEO Buy 50,000 $21.53 $1,076,735 No
2017-06-21 ARMSTRONG GREG L Chairman of the Board & CEO Buy 50,000 $23.41 $1,170,315 No
2017-05-10 ARMSTRONG GREG L Chairman of the Board & CEO Buy 100,000 $27.64 $2,764,462 No
2017-03-01 ARMSTRONG GREG L Chairman of the Board & CEO Buy 50,000 $31.00 $1,550,000 No
2016-02-11 SINNOTT ROBERT V Director Buy 300,000 $5.67 $1,702,000 Yes

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.