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
Progyny, Inc. (PGNY)
Sector: Healthcare; Industry: Health Information Services

Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment.

PGNY Symbol Info by TradingView

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-15 Payson Norman Director Sell 10,000 $49.94 $499,433 No
2021-04-08 Schlanger David J Chief Executive Officer Sell 36,976 $45.58 $1,685,426 Yes
2021-04-08 Anevski Peter President and COO Sell 33,582 $45.57 $1,530,366 No
2021-04-08 Payson Norman Director Sell 10,000 $45.20 $452,005 No
2021-04-06 Schlanger David J Chief Executive Officer Sell 112,020 $46.10 $5,164,122 Yes
2021-04-06 Anevski Peter President and COO Sell 49,618 $46.08 $2,286,397 No
2021-04-01 Schlanger David J Chief Executive Officer Sell 1,004 $46.19 $46,375 Yes
2021-04-01 Anevski Peter President and COO Sell 800 $46.19 $36,952 No
2021-03-31 Payson Norman Director Sell 10,000 $43.73 $437,266 No
2021-03-25 Payson Norman Director Sell 10,000 $46.71 $467,062 No
2021-03-23 Bealer Jennifer EVP, General Counsel Sell 2,468 $48.54 $119,801 Yes
2021-03-18 Payson Norman Director Sell 10,000 $47.76 $477,569 No
2021-03-15 Greenbaum Lisa EVP, Chief Client Officer Sell 3,032 $48.69 $147,631 Yes
2021-03-12 Schlanger David J Chief Executive Officer Sell 150,000 $47.42 $7,113,382 Yes
2021-03-11 Anevski Peter President and COO Sell 84,000 $47.31 $3,974,370 No
2021-03-11 Payson Norman Director Sell 10,000 $46.79 $467,880 No
2021-03-04 Payson Norman Director Sell 10,000 $42.14 $421,427 No
2021-02-25 Payson Norman Director Sell 10,000 $49.62 $496,230 No
2021-02-23 Bealer Jennifer EVP, General Counsel Sell 2,472 $49.76 $123,007 Yes
2021-02-18 Payson Norman Director Sell 10,000 $49.08 $490,820 No
2021-02-16 Greenbaum Lisa EVP, Chief Client Officer Sell 3,046 $51.00 $155,346 Yes
2021-02-11 Payson Norman Director Sell 10,000 $49.86 $498,650 No
2021-02-04 Payson Norman Director Sell 10,000 $48.43 $484,255 No
2021-02-04 Anevski Peter President and COO Sell 21,000 $49.04 $1,029,793 No
2021-02-03 Schlanger David J Chief Executive Officer Sell 150,000 $47.98 $7,197,736 Yes
2021-02-03 Anevski Peter President and COO Sell 63,000 $47.99 $3,023,459 No
2021-01-28 Payson Norman Director Sell 10,000 $45.62 $456,197 No
2021-01-25 Bealer Jennifer EVP, General Counsel Sell 2,310 $49.79 $115,015 Yes
2021-01-21 Payson Norman Director Sell 10,000 $48.13 $481,310 No
2021-01-15 Greenbaum Lisa EVP, Chief Client Officer Sell 2,846 $44.44 $126,476 Yes

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.