Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Root, Inc. (ROOT)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-15 Shah Hemal Chief Product Officer Sell 41,666 $5.12 $213,330 No
2021-06-01 Manges Daniel Chief Technology Officer Sell 150,000 $8.80 $1,320,000 Yes
2021-03-15 Manges Daniel Chief Technology Officer Sell 250,000 $11.04 $2,759,686 No
2021-03-15 Manges Daniel Chief Technology Officer Sell 250,000 $11.04 $2,759,686 No
2020-10-30 Manges Daniel Chief Technology Officer Buy 1,000 $27.00 $27,000 No
2020-12-30 Malka Meyer 10%-Owner Buy 753,976 $16.55 $12,477,184 No
2020-10-30 Malka Meyer 10%-Owner Buy 1,000,000 $27.00 $27,000,000 No
2020-10-30 SVB FINANCIAL GROUP 10%-Owner Sell 2,164,515 $25.52 $55,227,600 Yes
2020-10-30 Capital Partners III, L.P. 10%-Owner Sell 1,254,025 $25.52 $31,996,448 Yes
2020-10-30 Venture Overage Fund, L.P. 10%-Owner Sell 312,530 $25.52 $7,974,203 Yes

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

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.