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.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-24 Bealer Jennifer EVP, General Counsel Sell 1,934 $57.79 $111,771 Yes
2021-05-05 Schlanger David J Chief Executive Officer Sell 50,000 $53.21 $2,660,365 Yes
2021-05-06 Anevski Peter President and COO Sell 42,000 $52.40 $2,200,895 No
2021-05-04 Anevski Peter President and COO Sell 42,000 $55.19 $2,318,054 No
2021-04-23 Bealer Jennifer EVP, General Counsel Sell 2,401 $51.47 $123,570 Yes
2021-04-22 Payson Norman Director Sell 10,000 $50.48 $504,832 No
2021-04-15 SEIDENBERG BETH C Director Sell 18,127 $50.32 $912,151 Yes
2021-04-15 KLEINER PERKINS CAUFIELD & BYERS XIII, LLC 10%-Owner Sell 18,127 $50.32 $912,151 Yes
2021-04-15 Greenbaum Lisa EVP, Chief Client Officer Sell 2,353 $50.46 $118,737 Yes
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

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CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.