Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
SmileDirectClub, Inc. (SDC)
Sector: Healthcare; Industry: Medical Devices

SmileDirectClub, Inc. operates a teledentistry platform that provides members with a customized clear aligner therapy treatment in the United States and internationally. The company manages the end-to-end process, which include marketing, aligner manufacturing, fulfillment, treatment by a doctor, and monitoring through completion of their treatment proprietary with a network of approximately 250 state licensed orthodontists and general dentists through its teledentistry platform, SmileCheck. In addition, it operates SmilePay, a financing program.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-23 CD&R Investment Associates X, Ltd. 10%-Owner Sell 10,000,000 $11.50 $115,000,000 No
2020-11-18 CD&R Investment Associates X, Ltd. 10%-Owner Sell 5,000,000 $10.50 $52,500,000 No
2020-09-02 WALLMAN RICHARD F Director Buy 15,000 $8.51 $127,650 No
2020-08-31 KATZMAN DAVID B CEO and Chairman Buy 1,278,130 $8.07 $10,319,696 No
2020-08-31 Wailes Kyle Chief Financial Officer Buy 20,000 $7.69 $153,800 No
2020-08-31 Katzman Jordan M. 10%-Owner, Director Buy 663,130 $8.05 $5,338,197 No
2020-08-14 WALLMAN RICHARD F Director Buy 53,000 $7.80 $413,400 No
2020-05-12 Oswald Kay President of International Sell 10,000 $10.04 $100,400 No
2020-03-16 WALLMAN RICHARD F Director Buy 8,000 $4.68 $37,439 No
2019-11-26 WALLMAN RICHARD F Director Buy 12,000 $9.60 $115,200 No
2019-09-16 CD&R Investment Associates X, Ltd. 10%-Owner Sell 2,275,857 $21.85 $49,727,475 No
2019-09-13 Rammelt Susan Greenspon General Counsel, Sec. and Dir. Buy 4,100 $18.51 $75,897 Yes
2019-09-13 Oswald Kay President of International Buy 2,700 $17.64 $47,628 Yes
2019-09-16 KATZMAN DAVID B CEO and Chairman Buy 37,000 $18.50 $684,352 Yes

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

Ovintiv Inc (OVV) - Insiders of OVV have been HEAVILY accumulating shares in March with a sub-$3 cost. And the stock is now $11. An awesome 400% gain can't be missed if you found it was heavily accumulated earlier.