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
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

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.