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
Sector: Consumer Cyclical; Industry: Personal Services

Service Corporation International provides deathcare products and services in the United States and Canada. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. In addition, it offers funeral merchandise, including burial caskets and related accessories, urns and other cremation receptacles, outer burial containers, flowers, online and video tributes, stationery products, casket and cremation memorialization products, and other ancillary merchandise. The company was founded in 1962 and is headquartered in Houston, Texas.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-05 BUCKWALTER ALAN R III Director Sell 40,000 $56.01 $2,240,400 No
2021-03-12 BUCKWALTER ALAN R III Director Sell 8,022 $48.51 $389,147 No
2017-05-01 BUCKWALTER ALAN R III Director Sell 39,000 $32.23 $1,256,845 No
2016-08-12 BUCKWALTER ALAN R III Director Sell 14,944 $27.40 $409,525 No
2015-11-18 BUCKWALTER ALAN R III Director Sell 10,000 $26.97 $269,700 No
2015-02-23 BUCKWALTER ALAN R III Director Sell 10,000 $24.77 $247,698 No
2014-05-28 BUCKWALTER ALAN R III Director Sell 10,000 $19.85 $198,543 No

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

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.