Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
ReneSola Ltd (SOL)
Sector: Technology; Industry: Solar

ReneSola Ltd., through its subsidiaries, develops, builds, operates, and sells solar power projects. The company also develops community solar gardens; and sells projects rights. Further, the company generates and sells electricity. ReneSola Ltd. has operations in the United States and Europe.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-12-31 SHAH CAPITAL MANAGEMENT CFO Sell 586,927 $12.50 $7,337,277 No
2020-12-28 SHAH CAPITAL MANAGEMENT CFO Sell 1,864,266 $10.18 $18,984,356 No
2020-03-23 SHAH CAPITAL MANAGEMENT Chief Financial Officer Buy 679,160 $0.10 $67,916 No
2020-03-19 SHAH CAPITAL MANAGEMENT CFO Buy 1,213,500 $1.02 $1,237,770 No
2019-12-31 SHAH CAPITAL MANAGEMENT 10%-Owner Buy 30,625 $1.40 $42,987 No
2019-12-23 SHAH CAPITAL MANAGEMENT 10%-Owner Buy 35,375 $1.41 $49,879 No

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.

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.