Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
PLx Pharma Inc. (PLXP)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

PLx Pharma Inc., a late-stage specialty pharmaceutical company, focuses on developing its PLxGuard delivery system to provide various products in the United States. The company's lead product candidates are Vazalore 325 mg and Vazalore 81 mg, which are formulations of aspirin that use the PLxGuard delivery system to reduce acute gastrointestinal (GI) side effects while providing antiplatelet effectiveness for cardiovascular disease prevention. The company was founded in 2002 and is based in Sparta, New Jersey.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-25 HADDEN JOHN Director Buy 500 $5.48 $2,738 No
2020-11-18 Valentino Michael J Executive Chairman Buy 264,900 $3.79 $1,003,176 Yes
2020-09-02 O'Connor Rita M Chief Financial Officer Buy 6,620 $3.77 $24,964 No
2020-08-21 O'Connor Rita M Chief Financial Officer Buy 6,350 $3.90 $24,756 No
2019-05-20 Valentino Michael J Executive Chairman Buy 44,404 $5.60 $248,662 No
2018-12-27 Park West Asset Management LLC 10%-Owner Buy 397,495 $1.00 $397,495 Yes
2017-06-14 JORDEN DAVID EMERSON Acting Chief Financial Officer Buy 32,727 $6.88 $224,998 Yes
2017-06-14 MOSSMAN GARY L Chief Operating Officer Buy 7,273 $6.88 $50,002 Yes
2017-06-14 Valentino Michael J Executive Chairman Buy 29,091 $6.88 $200,001 Yes
2014-05-21 DEAN JACK H Director Buy 3,000 $9.00 $27,000 No
2014-03-18 COUGHLIN CHRISTOPHER J Director Buy 2,083 $12.00 $24,996 No
2014-03-18 DEAN JACK H Director Buy 2,083 $12.00 $24,996 No
2014-03-18 HARRISON THOMAS L Director Buy 2,000 $12.00 $24,000 No
2014-03-18 Shawah Robert G. Chief Accounting Officer Buy 500 $12.00 $6,000 Yes
2014-03-18 LUCI DAVID P President, CEO, Secretary Buy 2,083 $12.00 $24,996 Yes
2014-03-18 Garrett David VP, Finance & Corp. Dev. Buy 2,083 $12.00 $24,996 Yes
2014-03-18 DELUCCIA ROBERT J Executive Chairman Buy 2,083 $12.00 $24,996 Yes

Insider Smart

Ovintiv Inc (OVV) - Insiders of OVV have been HEAVILY accumulating shares in March with a sub-$3 cost. And the stock is now $11. An awesome 400% gain can't be missed if you found it was heavily accumulated earlier.

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.