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
SIMON PROPERTY GROUP INC /DE/ (SPG)
Sector: Real Estate; Industry: REIT—Retail

Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG).


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-09-30 LEIBOWITZ REUBEN S Director Buy 583 $89.29 $52,056 No
2022-06-30 LEIBOWITZ REUBEN S Director Buy 528 $93.83 $49,543 No
2022-03-31 LEIBOWITZ REUBEN S Director Buy 335 $134.10 $44,924 No
2021-12-31 LEIBOWITZ REUBEN S Director Buy 277 $160.28 $44,396 No
2021-09-30 LEIBOWITZ REUBEN S Director Buy 301 $132.65 $39,928 No
2021-04-23 LEIBOWITZ REUBEN S Director Buy 272 $116.37 $31,652 No
2020-03-18 LEIBOWITZ REUBEN S Director Buy 1,000 $50.15 $50,145 No
2020-03-17 LEIBOWITZ REUBEN S Director Buy 1,500 $64.88 $97,325 No
2017-03-28 LEIBOWITZ REUBEN S Director Buy 1,400 $166.00 $232,400 No

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

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.