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
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
2020-03-24 Eliasek M Grier CHIEF OPERATING OFFICER Buy 100,000 $4.45 $445,000 No
2018-12-20 Eliasek M Grier CHIEF OPERATING OFFICER Buy 50,000 $5.81 $290,580 No
2017-12-22 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $7.19 $71,900 No
2017-12-21 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $7.08 $70,799 No
2017-12-20 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.94 $69,400 No
2017-12-19 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.94 $69,400 No
2017-12-18 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.92 $69,200 No
2017-12-15 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.77 $67,700 No
2017-12-14 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.79 $67,900 No
2017-12-13 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.82 $68,200 No
2017-12-12 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.83 $68,300 No
2017-12-11 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.75 $67,500 No
2017-12-08 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.73 $67,300 No
2017-12-07 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.69 $66,900 No
2017-12-06 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.69 $66,900 No
2017-12-05 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.73 $67,300 No
2017-12-04 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.85 $68,500 No
2017-12-01 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.85 $68,500 No
2017-11-30 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.87 $68,700 No
2017-11-29 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.77 $67,700 No
2017-11-28 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.85 $68,500 No
2017-11-27 Eliasek M Grier CHIEF OPERATING OFFICER Buy 10,000 $6.89 $68,910 No
2017-11-14 Eliasek M Grier CHIEF OPERATING OFFICER Buy 65,000 $6.07 $394,504 No
2017-11-13 Eliasek M Grier CHIEF OPERATING OFFICER Buy 65,000 $5.96 $387,400 No
2017-11-10 Eliasek M Grier CHIEF OPERATING OFFICER Buy 65,000 $5.65 $367,250 No
2016-03-01 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $7.25 $108,750 No
2016-02-29 Eliasek M Grier Chief Operating Officer Buy 15,000 $7.09 $106,350 No
2016-02-26 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.93 $103,950 No
2016-02-25 Eliasek M Grier Chief Operating Officer Buy 15,000 $7.00 $105,000 No
2016-02-24 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.89 $103,350 No

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

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.