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
PENN NATIONAL GAMING INC (PENN)
Sector: Consumer Cyclical; Industry: Resorts & Casinos

Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. As of March 16, 2020, the company owned, managed, or had ownership interests in 41 gaming and racing properties in 19 jurisdictions. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-13 Snowden Jay A President and CEO Sell 14,900 $80.46 $1,198,854 Yes
2021-03-15 Snowden Jay A President and CEO Sell 71,540 $140.61 $10,059,330 Yes
2020-12-01 Snowden Jay A President and CEO Sell 183,440 $69.44 $12,737,782 Yes
2020-05-13 Snowden Jay A President and CEO Buy 27,777 $18.00 $499,986 No
2019-05-13 Snowden Jay A President and COO Buy 10,875 $19.51 $212,171 No
2018-03-02 Snowden Jay A President and COO Buy 10,560 $25.98 $274,349 No
2017-10-19 Snowden Jay A President and COO Sell 110,000 $25.07 $2,757,722 Yes
2017-08-25 Snowden Jay A President and COO Sell 50,000 $20.86 $1,043,000 Yes
2015-11-19 Snowden Jay A EVP-Chief Operating Officer Buy 7,650 $15.83 $121,100 No
2014-07-29 Snowden Jay A EVP-Chief Operating Officer Buy 11,500 $10.34 $118,885 No
2012-12-05 Snowden Jay A SR VP of Regional Operations Buy 2,300 $49.28 $113,344 No
2012-07-03 Snowden Jay A SR VP of Regional Operations Sell 435 $44.56 $19,385 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

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.