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
SERVICE CORP INTERNATIONAL (SCI)
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
2020-11-16 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 25,000 $50.26 $1,256,520 Yes
2020-11-10 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 25,700 $51.28 $1,317,813 Yes
2020-02-24 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 55,200 $52.04 $2,872,514 Yes
2019-06-07 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 43,900 $45.06 $1,978,354 Yes
2018-11-29 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 9,300 $45.90 $426,865 Yes
2018-08-21 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 32,150 $41.80 $1,343,927 Yes
2018-06-08 Tidwell Steven A Sr.V.P. Sales & Marketing Sell 17,384 $36.63 $636,839 No
2016-06-09 Tidwell Steven A Sr.V.P. Sales & Merchandising Sell 69,100 $27.20 $1,879,382 Yes
2012-12-11 Tidwell Steven A Sr.V.P. Sales & Merchandising Sell 1,220 $13.01 $15,874 No
2010-05-13 Tidwell Steven A V.P. Main Street Operations Buy 12,000 $8.99 $107,880 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

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.