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
Replay Acquisition Corp. (RPLA)
Sector: Financial Services; Industry: Shell Companies

Replay Acquisition Corp. does not have significant operations. It intends to identify, source, negotiate, and execute a business combination in Latin America.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-01 SAFRA EDMOND Co-Chief Executive Officer Buy 1,000,000 $10.00 $10,000,000 Yes
2021-01-11 GLAZER CAPITAL, LLC 10%-Owner Sell 100,000 $10.31 $1,031,000 No
2021-01-08 GLAZER CAPITAL, LLC 10%-Owner Sell 300,000 $10.37 $3,112,000 No
2020-12-28 GLAZER CAPITAL, LLC 10%-Owner Sell 390,639 $10.56 $4,124,071 No
2020-12-09 GLAZER CAPITAL, LLC 10%-Owner Sell 2,000 $10.35 $20,700 No

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+.

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.