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
RBB Bancorp (RBB)
Sector: Financial Services; Industry: Banks—Regional

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. In addition, it provides international letters of credit, SWIFT, export advisory, trade finance discount, and foreign exchange services; and trust, remote deposit, e-banking, and mobile banking services, as well as operates a loan production office in California. The company primarily offers its products and services to individuals, businesses, municipalities, and other entities. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-30 Morris David Richard EVP Sell 9,687 $20.86 $202,071 Yes
2020-04-24 Morris David Richard EVP Buy 500 $11.63 $5,818 No
2020-03-10 Morris David Richard EVP Buy 500 $14.06 $7,028 No
2020-04-24 Morris David Richard EVP Buy 500 $11.63 $5,818 No
2020-03-10 Morris David Richard EVP Buy 500 $14.06 $7,028 No

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

Insider Smart

SERVICE CORP INTERNATIONAL (SCI) - WALTRIP W BLAIR, Director of $SCI made a buy at 34.65, was he convinced the bottom of the box is a strong support? Well, seems he is not wrong.