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
RR Donnelley & Sons Co (RRD)
Sector: Industrials; Industry: Specialty Business Services

R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. Further, it provides invoices, order, and business forms that support the private and public sectors; and outsourcing services, such as creative services, research and analytics, financial management, and other services for legal providers, insurance, telecommunications, utilities, retail, and financial services companies. It operates in the United States, Asia, Europe, and internationally. The company was founded in 1864 and is headquartered in Chicago, Illinois.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-15 Chatham Asset Management, LLC 10%-Owner Buy 950,000 $6.78 $6,443,035 No
2021-06-07 Chatham Asset Management, LLC 10%-Owner Buy 33,138 $6.39 $211,724 No
2021-06-01 Chatham Asset Management, LLC 10%-Owner Buy 90,327 $6.32 $571,221 No
2021-05-26 Chatham Asset Management, LLC 10%-Owner Buy 224,945 $5.97 $1,341,815 No
2021-05-21 Chatham Asset Management, LLC 10%-Owner Buy 1,423,085 $5.47 $7,787,784 No
2020-03-17 Chatham Asset Management, LLC 10%-Owner Sell 2,100,000 $1.61 $3,390,240 No
2019-08-28 Chatham Asset Management, LLC 10%-Owner Buy 100,000 $2.25 $225,070 No
2019-08-27 Chatham Asset Management, LLC 10%-Owner Buy 508,000 $2.21 $1,120,722 No
2019-08-23 Chatham Asset Management, LLC 10%-Owner Buy 650,000 $2.20 $1,432,870 No
2019-08-21 Chatham Asset Management, LLC 10%-Owner Buy 776,000 $2.03 $1,571,998 No
2018-08-09 Peterson Terry D EVP & CFO Buy 10,000 $4.93 $49,350 No
2018-08-21 Rutt Sheila M EVP and CHRO Buy 7,500 $5.20 $39,001 No
2018-08-27 O'Brien Kenneth E EVP and CIO Buy 20,000 $5.22 $104,478 No
2018-05-04 MCLEVISH TIMOTHY R Director Buy 20,000 $6.53 $130,650 No
2016-05-04 HAMILTON JUDITH H Director Sell 20,000 $16.60 $332,000 No
2015-06-02 SOCKWELL OLIVER R Director Sell 10,000 $19.41 $194,050 No
2015-06-01 Coxhead Andrew B. Chief Accounting Officer Sell 5,000 $19.08 $95,400 No
2015-03-09 HAMILTON JUDITH H Director Sell 20,000 $19.70 $394,018 No
2015-03-02 Leib Daniel Chief Financial Officer Sell 20,000 $19.06 $381,206 No
2015-02-28 BETTMAN SUZANNE S Exec VP/General Counsel Sell 44,230 $19.35 $855,762 No
2014-03-17 Coxhead Andrew B. Chief Accounting Officer Sell 15,000 $18.50 $277,500 No
2014-03-03 Leib Daniel Chief Financial Officer Sell 75,000 $18.70 $1,402,500 No
2014-03-03 Knotts Daniel L. Chief Operating Officer Sell 217,883 $18.70 $4,074,412 Yes
2013-12-16 Coxhead Andrew B. Chief Accounting Officer Sell 15,000 $18.55 $278,250 No
2013-11-15 BETTMAN SUZANNE S Exec VP/General Counsel Sell 50,000 $17.12 $855,885 No
2013-11-07 BETTMAN SUZANNE S Exec VP/General Counsel Sell 52,323 $17.46 $913,481 No
2013-09-16 Coxhead Andrew B. Chief Accounting Officer Sell 15,000 $16.62 $249,300 No
2012-03-09 Knotts Daniel L. Group President Sell 20,128 $12.98 $261,261 No
2012-03-09 PALOIAN JOHN Chief Operating Officer Sell 31,572 $12.99 $410,120 No
2012-03-06 Knotts Daniel L. Group President Sell 11,139 $12.78 $142,356 No

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

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.