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
Solid Biosciences Inc. (SLDB)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

Solid Biosciences Inc., a life science company, engages in identifying and developing therapies for duchenne muscular dystrophy (DMD) in the United States. Its portfolio also comprises Anti-LTBP4, a monoclonal antibody that is in preclinical trials to reduce fibrosis and inflammation.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-23 PERCEPTIVE ADVISORS LLC 10%-Owner, Director Buy 2,608,695 $5.75 $14,999,996 No
2021-03-19 RA CAPITAL MANAGEMENT, L.P. 10%-Owner, Director Buy 2,206,685 $5.75 $12,688,439 No
2021-03-12 Morris Carl Ashley Chief Scientific Officer Sell 23,398 $8.84 $206,947 No
2021-03-12 Schneider Joel Solomon Zev Chief Operating Officer Sell 23,398 $8.84 $206,920 No
2021-02-12 Ganot Ilan CEO & President Sell 457 $7.66 $3,501 No
2021-01-28 Ziolkowski Jennifer Lynn CFO, Treasurer & Asst. Secy Sell 3,473 $6.14 $21,327 Yes
2021-01-28 Schneider Joel Solomon Zev Chief Technology Officer Sell 3,443 $6.14 $21,145 Yes
2021-01-28 Ganot Ilan CEO & President Sell 10,713 $6.14 $65,776 Yes
2020-08-13 Ganot Ilan CEO & President Sell 299 $2.44 $730 Yes
2020-07-28 Schneider Joel Solomon Zev Chief Technology Officer Sell 4,041 $2.42 $9,776 Yes
2020-07-28 Morris Carl Ashley Chief Scientific Officer Sell 3,591 $2.42 $8,689 Yes
2020-07-28 Ziolkowski Jennifer Lynn CFO, Treasurer & Asst. Secy Sell 3,591 $2.42 $8,687 Yes
2020-07-28 HERSCHA LYNETTE Chief Legal Officer Sell 5,141 $2.42 $12,438 Yes
2020-07-28 Ganot Ilan CEO & President Sell 11,124 $2.42 $26,910 Yes
2019-07-25 PERCEPTIVE ADVISORS LLC 10%-Owner, Director Buy 2,822,581 $4.65 $13,125,002 No
2019-05-08 Zarur Juan Andrey Director Sell 8,000 $10.00 $80,039 No
2019-03-28 Boxer Capital, LLC 10%-Owner Sell 450,000 $9.88 $4,447,800 No
2019-01-14 Arnold Matthew Bennett Director Sell 5,000 $32.00 $159,982 No
2018-11-15 Schneider Joel Solomon Zev See Remarks Sell 21,990 $30.84 $678,180 No
2018-12-03 Amorrortu Pedro Alvaro Chief Operating Officer Sell 9,000 $31.06 $279,534 No
2019-01-04 Amorrortu Pedro Alvaro Chief Operating Officer Sell 9,000 $30.07 $270,619 No
2019-01-07 Arnold Matthew Bennett Director Sell 5,000 $30.08 $150,406 No
2019-01-04 Amorrortu Pedro Alvaro Chief Operating Officer Sell 9,000 $30.07 $270,619 No
2018-12-03 Amorrortu Pedro Alvaro Chief Operating Officer Sell 9,000 $31.06 $279,534 No
2018-12-03 Quiroz Jorge Armando Chief Medical Officer Sell 40,150 $31.21 $1,253,145 No
2018-11-16 Quiroz Jorge Armando Chief Medical Officer Sell 100 $34.90 $3,490 No
2018-11-16 Zarur Juan Andrey Director Sell 100 $35.00 $3,500 No
2018-11-15 Ganot Ilan CEO & President Sell 50,000 $30.84 $1,541,933 No
2018-11-15 Schneider Joel Solomon Zev See Remarks Sell 21,990 $30.84 $678,180 No
2018-11-15 Amorrortu Pedro Alvaro Chief Operating Officer Sell 9,000 $30.83 $277,478 No

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Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

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.