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
2021-01-06 Montare Resources I, LLC Member of 10% Group Buy 39,956 $0.40 $15,978 No
2021-01-05 Montare Resources I, LLC Member of 10% Group Buy 101,003 $0.39 $39,764 No
2020-12-30 Montare Resources I, LLC Member of 10% Group Buy 518,233 $0.39 $203,259 No
2020-12-18 Montare Resources I, LLC Member of 10% Group Buy 339,479 $0.39 $133,390 No
2020-12-09 Montare Resources I, LLC Member of 10% Group Buy 69,497 $0.39 $26,805 No
2020-12-02 Montare Resources I, LLC Member of 10% Group Buy 275,999 $0.39 $107,893 No
2020-11-25 Montare Resources I, LLC Member of 10% Group Buy 439,930 $0.38 $166,830 No
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

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.