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
2016-05-12 Stark Eugene S Director Buy 1,000 $7.45 $7,450 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
2016-02-23 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.91 $103,650 No
2016-02-22 Barry John F Chief Executive Officer Buy 1,100,000 $6.93 $7,618,200 No
2016-02-22 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.92 $103,800 No
2016-02-19 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,114,700 $6.83 $7,616,745 No
2016-02-19 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.79 $101,850 No
2016-02-18 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,114,000 $6.77 $7,544,008 No
2016-02-17 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,109,000 $6.71 $7,446,213 No
2016-02-17 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.69 $100,350 No
2016-02-16 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,115,000 $6.36 $7,091,400 No
2016-02-16 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.30 $94,500 No
2016-02-12 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,058,000 $6.15 $6,502,317 No
2016-02-12 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $6.22 $93,300 No
2016-02-11 Barry John F Chief Executive Officer Buy 1,060,000 $5.70 $6,044,120 No
2016-02-11 Eliasek M Grier CHIEF OPERATING OFFICER Buy 15,000 $5.70 $85,498 No
2015-12-24 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,032,500 $7.38 $7,615,610 No
2015-12-23 Eliasek M Grier CHIEF OPERATING OFFICER Buy 50,000 $7.10 $355,000 No
2015-12-23 Barry John F CHIEF EXECUTIVE OFFICER Buy 1,028,924 $7.15 $7,357,593 No
2015-12-22 Barry John F Chief Executive Officer Buy 1,029,000 $6.86 $7,053,795 No
2015-12-22 Eliasek M Grier Chief Operating Officer Buy 50,000 $6.78 $339,000 No
2015-12-21 Barry John F Chief Executive Officer Buy 1,032,500 $6.77 $6,987,960 No
2015-12-21 Eliasek M Grier Chief Operating Officer Buy 50,000 $6.74 $337,000 No
2015-12-18 Eliasek M Grier Chief Operating Officer Buy 75,000 $6.74 $505,500 No
2015-12-18 Barry John F Chief Executive Officer Buy 744,000 $6.70 $4,985,544 No
2015-12-17 Eliasek M Grier Chief Operating Officer Buy 30,000 $6.78 $203,400 No

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