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
Purple Innovation, Inc. (PRPL)
Sector: Consumer Cyclical; Industry: Furnishings, Fixtures & Appliances

Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. The company markets and sells its products through direct-to-consumer online channels, retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through its factory outlet and the company owned showrooms.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-11 Anthos Pano Director Sell 17,241 $29.05 $500,927 No
2021-05-21 Coliseum Capital Management, LLC 10%-Owner, Director Sell 7,308,792 $30.00 $219,263,760 No
2021-03-31 Kiedaisch Gary Alan Director Buy 5,000 $29.96 $149,800 No
2021-01-25 McGarvey Casey Kale Chief Legal Officer Sell 55,000 $40.52 $2,228,875 Yes
2020-11-24 Anthos Pano Director Sell 9,000 $28.51 $256,624 No
2020-11-18 Legg John A. Chief Operating Officer Sell 15,000 $30.14 $452,100 Yes
2020-11-17 White Verdi Ray III Chief Retail Officer Sell 10,000 $28.51 $285,100 Yes
2020-08-24 White Verdi Ray III Chief Retail Officer Sell 17,000 $20.85 $354,450 Yes
2020-09-30 Legg John A. Chief Operating Officer Sell 25,000 $22.72 $567,900 Yes
2020-09-28 ZEPF PAUL J Director Sell 26,760 $24.52 $656,209 No
2020-09-25 Phillips Craig Lee Chief Financial Officer Sell 100,000 $23.94 $2,394,356 Yes
2020-09-25 Phillips Craig Lee Chief Financial Officer Sell 100,000 $23.94 $2,394,356 Yes
2020-09-25 ZEPF PAUL J Director Sell 73,240 $24.02 $1,758,910 No
2020-09-14 Pearce Terry Vernon Former 10% Owner Sell 13,600,000 $18.50 $251,600,000 No
2020-09-14 Pearce Tony Marion Former 10% Owner Sell 13,600,000 $18.50 $251,600,000 No
2020-09-16 ZEPF PAUL J Director Sell 146,760 $24.32 $3,569,250 No
2020-09-14 Pearce Tony Marion Former 10% Owner Sell 13,600,000 $18.50 $251,600,000 No
2020-09-14 Pearce Terry Vernon Former 10% Owner Sell 13,600,000 $18.50 $251,600,000 No
2020-09-14 InnoHold, LLC Former 10% Owner Sell 13,600,000 $18.50 $251,600,000 No
2020-08-20 InnoHold, LLC 10%-Owner Sell 3,150,450 $20.20 $63,639,090 Yes
2020-08-20 Pearce Terry Vernon 10%-Owner Sell 3,150,450 $20.20 $63,639,090 Yes
2020-08-20 Pearce Tony Marion 10%-Owner Sell 3,150,450 $20.20 $63,639,090 Yes
2020-06-01 Pearce Tony Marion Co-Director of R&D Sell 12,407,777 $10.50 $130,281,658 Yes
2020-06-01 Pearce Terry Vernon Co-Director of R&D Sell 12,407,777 $10.50 $130,281,658 Yes
2020-06-01 InnoHold, LLC 10%-Owner Sell 12,407,777 $10.50 $130,281,658 Yes
2020-06-16 McGarvey Casey Kale Chief Legal Officer Sell 300,000 $17.00 $5,100,000 Yes
2020-03-13 Megibow Joseph B Chief Executive Officer Buy 3,500 $8.55 $29,940 No
2020-03-13 Phillips Craig Lee Chief Financial Officer Buy 3,000 $8.10 $24,308 No
2020-03-13 Kiedaisch Gary Alan Director Buy 20,000 $7.94 $158,816 No
2019-12-17 Pearce Tony Marion Co-Director of R&D Sell 1,500,000 $7.00 $10,500,000 Yes

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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.

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Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.