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
PROSPECT CAPITAL CORP (PSEC)
Sector: Financial Services; Industry: Banks—Regional

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides retail and commercial banking services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, time accounts; and certificates of deposit. In addition, it provides Internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services, as well as debit and credit cards. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-12 Stark Eugene S Director Buy 2,000 $7.78 $15,560 No
2020-08-28 Stark Eugene S Director Buy 2,500 $5.10 $12,750 No
2020-03-23 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,041,977 $4.14 $4,312,248 No
2020-02-21 Gremp William Director Buy 2,000 $6.54 $13,070 No
2020-03-23 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,037,277 $4.14 $4,292,532 No
2020-03-24 Barry John F CHIEF EXECUTIVE OFFICER Buy 342,112 $4.63 $1,585,147 No
2020-03-24 Eliasek M Grier CHIEF OPERATING OFFICER Buy 100,000 $4.45 $445,000 No
2020-03-23 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,041,977 $4.14 $4,312,248 No
2020-03-20 Barry John F CHIEF EXECUTIVE OFFICER Buy 2,300,000 $4.97 $11,439,944 No
2020-03-19 Barry John F CHIEF EXECUTIVE OFFICER Buy 2,145,160 $4.72 $10,130,891 No
2020-03-18 Barry John F CHIEF EXECUTIVE OFFICER Buy 5,328,184 $4.43 $23,614,278 No
2020-03-17 Barry John F CHIEF EXECUTIVE OFFICER Buy 4,265,200 $4.97 $21,189,547 No
2020-03-16 Barry John F CHIEF EXECUTIVE OFFICER Buy 4,610,490 $4.77 $22,006,791 No
2020-03-13 Barry John F CHIEF EXECUTIVE OFFICER Buy 3,252,951 $4.92 $16,008,422 No
2020-03-12 Barry John F CHIEF EXECUTIVE OFFICER Buy 4,561,706 $4.56 $20,812,534 No
2020-03-11 Barry John F CHIEF EXECUTIVE OFFICER Buy 698,091 $4.79 $3,346,439 No
2020-03-10 Barry John F CHIEF EXECUTIVE OFFICER Buy 332,855 $5.01 $1,668,538 No
2020-03-09 Barry John F CHIEF EXECUTIVE OFFICER Buy 33,004 $4.98 $164,284 No
2020-02-25 Van Dask Kristin Lea CFO, TREASURER, SECRETARY, CCO Buy 5,000 $6.18 $30,900 No
2020-02-12 Gremp William Director Buy 1,000 $6.54 $6,537 No
2019-12-10 Stark Eugene S Director Buy 1,000 $6.52 $6,520 No
2019-12-09 Van Dask Kristin Lea CFO, TREASURER, SECRETARY, CCO Buy 3,250 $6.54 $21,241 No
2019-11-08 Gremp William Director Buy 10,000 $6.45 $64,532 No
2019-09-03 Barry John F CHIEF EXECUTIVE OFFICER Buy 237,857 $6.34 $1,508,180 No
2019-08-30 Barry John F CHIEF EXECUTIVE OFFICER Buy 201,548 $6.39 $1,288,456 No
2019-08-29 Barry John F CHIEF EXECUTIVE OFFICER Buy 139,761 $6.40 $894,414 No
2019-08-29 Barry John F CHIEF EXECUTIVE OFFICER Buy 139,761 $6.40 $894,414 No
2019-06-17 Barry John F CHIEF EXECUTIVE OFFICER Buy 137,839 $6.34 $874,486 No
2019-06-14 Barry John F CHIEF EXECUTIVE OFFICER Buy 233,482 $6.32 $1,474,439 No
2019-06-13 Barry John F CHIEF EXECUTIVE OFFICER Buy 408,911 $6.38 $2,608,157 No

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.