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
P10, Inc. (PX)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-18 Poston Edwin A. Member of 10% Owner Group Sell 695,569 $12.00 $8,346,828 Yes
2021-11-18 Souder William F. Chief Operating Officer Sell 168,795 $12.00 $2,025,540 Yes
2021-11-18 Blatherwick Nell M. Member of 10% Owner Group Sell 806,784 $12.00 $9,681,408 Yes
2021-11-18 210 Capital, LLC 10%-Owner Sell 521,498 $12.00 $6,257,976 Yes
2021-10-25 Gehl Jeff Patrick Head Marketing & Distribution Sell 474,540 $12.00 $5,694,480 Yes
2021-10-25 210 Capital, LLC 10%-Owner Sell 1,172,884 $12.00 $14,074,608 Yes
2021-10-25 Blatherwick Nell M. Member of 10% Owner Group Sell 2,268,141 $12.00 $27,217,692 Yes
2021-10-25 Souder William F. Chief Operating Officer Sell 474,540 $12.00 $5,694,480 Yes

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.

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.