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
PEGASYSTEMS INC (PEGA)
Sector: Technology; Industry: Software—Application

Pegasystems Inc. develops, markets, licenses, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation. It also provides digital process automation software; Pega Cloud that allows clients to develop, test, and deploy applications and the Pega Platform using an Internet-based infrastructure; and guidance and implementation, technical support, and instructor-led and online training services.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-12-17 KOUNINIS EFSTATHIOS A VP of Finance & CAO Sell 500 $106.00 $53,000 No
2021-12-13 KOUNINIS EFSTATHIOS A VP of Finance & CAO Sell 250 $116.00 $29,000 No
2021-12-08 KOUNINIS EFSTATHIOS A VP of Finance & CAO Sell 181 $115.00 $20,815 Yes
2021-12-01 STILLWELL KENNETH COO, CFO Sell 1,000 $112.50 $112,500 No
2021-11-01 STILLWELL KENNETH COO, CFO Sell 1,000 $118.66 $118,660 No
2021-11-01 PYLE MICHAEL R Chief Technology Strategist Sell 1,000 $118.66 $118,660 No
2021-10-01 STILLWELL KENNETH COO, CFO Sell 1,000 $127.41 $127,409 No
2021-09-03 STILLWELL KENNETH COO, CFO Sell 1,000 $139.98 $139,976 Yes
2021-08-24 STILLWELL KENNETH COO, CFO Sell 1,101 $133.10 $146,543 Yes
2021-08-02 PYLE MICHAEL R Chief Technology Strategist Sell 1,000 $127.18 $127,180 No
2021-06-09 STILLWELL KENNETH COO, CFO Sell 992 $129.06 $128,028 Yes
2021-06-09 Akgonul Rifat Kerim Chief Product Officer Sell 2,470 $127.72 $315,468 Yes
2021-06-01 STILLWELL KENNETH COO, CFO Sell 1,000 $118.01 $118,006 No
2021-06-01 PYLE MICHAEL R Chief Technology Strategist Sell 1,000 $117.99 $117,987 No
2021-05-03 STILLWELL KENNETH COO, CFO Sell 5,582 $124.61 $695,559 Yes
2021-04-01 Trefler Leon SVP, Global Client Success Sell 968 $118.52 $114,727 Yes
2021-04-01 STILLWELL KENNETH COO, CFO Sell 1,000 $118.15 $118,154 No
2021-03-08 STILLWELL KENNETH CFO, SVP Sell 908 $117.33 $106,536 Yes
2021-03-01 Trefler Leon SVP, Global Customer Success Sell 1,312 $134.04 $175,863 Yes
2021-03-01 STILLWELL KENNETH CFO, SVP Sell 1,000 $133.52 $133,520 No
2021-03-01 KRA DOUGLAS I SVP, Global Customer Success Sell 14,932 $135.00 $2,015,820 Yes
2021-02-19 STILLWELL KENNETH CFO, SVP Sell 5,757 $143.72 $827,396 Yes
2021-02-22 KOUNINIS EFSTATHIOS A VP of Finance & CAO Sell 533 $147.00 $78,351 Yes
2021-02-05 Trefler Leon SVP, Global Customer Success Sell 180 $140.00 $25,200 No
2021-02-01 Trefler Leon SVP, Global Customer Success Sell 1,307 $129.15 $168,794 Yes
2021-02-01 STILLWELL KENNETH CFO, SVP Sell 1,000 $129.06 $129,064 Yes
2021-01-20 Trefler Leon SVP, Global Customer Success Sell 90 $140.00 $12,600 No
2021-01-04 Trefler Leon SVP, Global Customer Success Sell 1,260 $133.06 $167,653 Yes
2021-01-04 STILLWELL KENNETH CFO, SVP Sell 1,000 $132.29 $132,287 No
2020-12-17 KOUNINIS EFSTATHIOS A VP of Finance & CAO Sell 524 $129.91 $68,072 Yes

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.

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.