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
2021-03-15 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

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.