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
Silk Road Medical Inc (SILK)
Sector: Healthcare; Industry: Medical Devices

Silk Road Medical, Inc. operates as a medical device company in the United States. The company offers various products for the treatment of carotid artery disease called transcarotid artery revascularization. The company was founded in 2007 and is headquartered in Sunnyvale, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2023-01-19 Buchanan Lucas W. COO/CFO Sell 86,244 $54.07 $4,663,155 Yes
2023-01-17 WEATHERMAN ELIZABETH H Director Sell 56,355 $54.69 $3,082,224 No
2023-01-11 Rogers Erica J. President and CEO Sell 6,000 $51.53 $309,180 Yes
2023-01-03 Davis Andrew S. Chief Commercial Officer Sell 6,753 $52.87 $357,031 Yes
2022-12-15 Buchanan Lucas W. COO/CFO Sell 25,000 $55.00 $1,375,000 Yes
2022-12-12 Rogers Erica J. President and CEO Sell 10,000 $53.85 $538,501 Yes
2022-12-01 Davis Andrew S. Chief Commercial Officer Sell 6,753 $53.00 $357,909 Yes
2022-11-11 Rogers Erica J. President and CEO Sell 10,000 $50.03 $500,309 Yes
2022-11-11 Buchanan Lucas W. COO/CFO Sell 25,000 $50.00 $1,250,000 Yes
2022-11-01 Davis Andrew S. Chief Commercial Officer Sell 6,753 $44.17 $298,280 Yes
2022-10-11 Rogers Erica J. President and CEO Sell 10,000 $42.32 $423,218 Yes
2022-10-03 Davis Andrew S. Chief Commercial Officer Sell 6,753 $44.76 $302,264 Yes
2022-09-15 WEATHERMAN ELIZABETH H Director Sell 5,000 $42.45 $212,250 No
2022-09-12 Rogers Erica J. President and CEO Sell 10,000 $43.62 $436,173 Yes
2022-09-01 Davis Andrew S. Chief Commercial Officer Sell 6,753 $38.93 $262,894 Yes
2022-08-15 Buchanan Lucas W. COO/CFO Sell 25,000 $48.46 $1,211,508 Yes
2022-08-12 Buchanan Lucas W. COO/CFO Sell 75,000 $47.81 $3,585,482 Yes
2022-07-21 WEATHERMAN ELIZABETH H Director Sell 5,000 $41.91 $209,550 No
2022-07-11 Rogers Erica J. President and CEO Sell 30,000 $40.44 $1,213,194 Yes
2022-07-08 WEATHERMAN ELIZABETH H Director Sell 10,000 $41.91 $419,100 No
2022-04-11 Rogers Erica J. President and CEO Sell 30,000 $43.37 $1,301,172 Yes
2022-01-11 Rogers Erica J. President and CEO Sell 10,000 $41.88 $418,787 Yes
2021-12-13 Rogers Erica J. President and CEO Sell 10,000 $40.95 $409,530 Yes
2021-11-11 Rogers Erica J. President and CEO Sell 18,095 $50.62 $915,921 Yes
2021-10-27 Buchanan Lucas W. COO/CFO Sell 10,000 $59.39 $593,886 Yes
2021-10-01 Davis Andrew S. Chief Commercial Officer Sell 6,324 $53.90 $340,878 Yes
2021-09-28 Buchanan Lucas W. COO/CFO Sell 10,000 $54.86 $548,645 Yes
2021-09-01 Davis Andrew S. Chief Commercial Officer Sell 6,481 $59.71 $386,956 Yes
2021-08-02 Davis Andrew S. Chief Commercial Officer Sell 6,324 $50.75 $320,947 Yes
2021-07-28 Buchanan Lucas W. COO/CFO Sell 10,000 $44.91 $449,107 Yes

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

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.