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
SandRidge Permian Trust (PER)
Sector: Energy; Industry: Oil & Gas E&P

SandRidge Permian Trust holds royalty interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-19 Montare Resources I, LLC Member of 10% Group Buy 91,298 $0.36 $32,785 No
2020-11-18 Montare Resources I, LLC Member of 10% Group Buy 451,730 $0.36 $162,231 No
2020-10-07 Montare Resources I, LLC Member of 10% Group Buy 34,424 $0.44 $15,255 No
2020-09-30 Montare Resources I, LLC Member of 10% Group Buy 436,282 $0.51 $221,266 No
2020-09-28 Montare Resources I, LLC Member of 10% Group Buy 315,565 $0.48 $152,529 No
2020-09-23 Montare Resources I, LLC Member of 10% Group Buy 497,303 $0.46 $227,381 No
2020-09-18 Montare Resources I, LLC Member of 10% Group Buy 157,125 $0.45 $70,706 No
2020-09-15 Montare Resources I, LLC Member of 10% Group Buy 23,400 $0.41 $9,560 No
2020-09-10 Montare Resources I, LLC Member of 10% Group Buy 1,265,688 $0.39 $495,903 No
2014-01-09 SANDRIDGE ENERGY INC 10%-Owner Sell 1,825,000 $12.12 $22,119,000 No
2013-09-10 SANDRIDGE ENERGY INC 10%-Owner Sell 1,050,000 $13.75 $14,437,500 No
2012-03-14 SANDRIDGE ENERGY INC 10%-Owner Sell 2,000,000 $23.25 $46,500,000 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.