Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
Root, Inc. (ROOT)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
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

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.