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
Schrodinger, Inc. (SDGR)
Sector: Healthcare; Industry: Health Information Services

Schrödinger, Inc. provides computational platform to accelerate drug discovery and materials design for biopharmaceutical and industrial companies, academic institutions, and government laboratories worldwide. The company operates through two segments, Software and Drug Discovery. It segment is focused on selling its software for drug discovery in the life sciences industry, as well as to customers in materials science industries. The company was founded in 1990 and is based in New York.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-15 SHAW DAVID E 10%-Owner Sell 705,304 $58.45 $41,223,177 No
2020-10-09 SHAW DAVID E 10%-Owner Sell 919,793 $55.10 $50,681,965 No
2020-09-30 SHAW DAVID E 10%-Owner Sell 488,206 $48.21 $23,537,874 No
2020-09-24 SHAW DAVID E 10%-Owner Sell 453,913 $49.84 $22,621,727 No
2020-09-16 Farid Ramy Director Sell 20,000 $53.22 $1,064,304 No
2020-09-17 SHAW DAVID E 10%-Owner Sell 573,889 $53.06 $30,452,760 No
2020-08-21 Herman Jenny Vice President, Controller Sell 1,000 $70.00 $70,000 No
2020-08-19 Lebowitz Joel nan Sell 117,051 $67.77 $7,932,189 Yes
2020-08-19 Herman Jenny Vice President, Controller Sell 2,000 $67.77 $135,531 No
2020-08-17 Akinsanya Karen nan Sell 3,344 $68.04 $227,520 Yes
2020-08-17 BILL & MELINDA GATES FOUNDATION TRUST 10%-Owner Sell 2,000,000 $64.74 $129,488,711 No
2020-08-17 Friesner Richard Director Sell 500,000 $62.04 $31,020,000 No
2020-08-12 Akinsanya Karen nan Sell 20,065 $67.32 $1,350,730 Yes
2020-08-12 Lorton Kenneth Patrick nan Sell 38,789 $67.30 $2,610,617 No
2020-08-13 Farid Ramy Director Sell 130,000 $68.58 $8,914,994 No
2020-02-10 BILL & MELINDA GATES FOUNDATION TRUST 10%-Owner Buy 588,235 $17.00 $9,999,995 Yes
2020-02-10 Flynn James E Possible Member of 10% Group Buy 250,000 $17.00 $4,250,000 Yes

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.