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
2020-02-21 Gremp William Director Buy 2,000 $6.54 $13,070 No
2020-02-12 Gremp William Director Buy 1,000 $6.54 $6,537 No
2019-11-08 Gremp William Director Buy 10,000 $6.45 $64,532 No
2018-12-26 Gremp William Director Buy 2,500 $5.94 $14,850 No
2018-03-19 Gremp William Director Buy 1,000 $6.50 $6,497 No
2017-05-11 Gremp William Director Buy 5,000 $8.28 $41,375 No
2008-09-16 Gremp William Director Buy 100 $12.28 $1,228 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.