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
STEEL PARTNERS HOLDINGS L.P. (SPLP)
Sector: Industrials; Industry: Conglomerates

Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, direct marketing, banking, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, and Financial Services segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, as well as for electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries. The company was founded in 1990 and is based in New York, New York.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-03 Walker Gordon A. Senior Vice President Buy 1,743 $20.51 $35,751 No
2021-03-02 Walker Gordon A. Senior Vice President Buy 6,994 $20.58 $143,931 No
2021-02-25 Walker Gordon A. Senior Vice President Buy 7,709 $20.85 $160,713 No
2021-02-22 Walker Gordon A. Senior Vice President Buy 7,788 $20.70 $161,205 No
2021-02-17 Walker Gordon A. Senior Vice President Buy 4,971 $20.88 $103,804 No
2021-02-12 Walker Gordon A. Senior Vice President Buy 4,969 $20.81 $103,411 No
2021-01-29 Walker Gordon A. Senior Vice President Buy 2,750 $20.66 $56,814 No
2021-01-28 Walker Gordon A. Senior Vice President Buy 3,315 $20.86 $69,166 No
2021-01-15 Walker Gordon A. Senior Vice President Buy 2,675 $20.83 $55,719 No
2021-01-14 Walker Gordon A. Senior Vice President Buy 77,268 $11.93 $921,889 No
2020-12-29 Karros Eric P. Director Buy 21,695 $9.17 $198,850 No
2020-12-29 HOWARD JACK L President Buy 79,600 $9.12 $725,928 No
2020-12-29 LICHTENSTEIN WARREN G Executive Chairman Buy 114,700 $9.10 $1,043,644 No
2020-06-11 LICHTENSTEIN WARREN G Executive Chairman Buy 82,149 $6.22 $510,967 No
2020-05-08 LICHTENSTEIN WARREN G Executive Chairman Buy 5,130 $4.98 $25,564 No
2020-05-05 LICHTENSTEIN WARREN G Executive Chairman Buy 4,511 $4.96 $22,357 No
2020-04-23 LICHTENSTEIN WARREN G Executive Chairman Buy 2,300 $5.00 $11,497 No
2020-04-22 LICHTENSTEIN WARREN G Executive Chairman Buy 5,106 $4.82 $24,602 No
2020-04-17 LICHTENSTEIN WARREN G Executive Chairman Buy 802 $4.97 $3,984 No
2020-04-08 Walker Gordon A. Senior Vice President Buy 8,140 $5.14 $41,876 No
2020-04-03 Walker Gordon A. Senior Vice President Buy 11,860 $5.06 $60,055 No
2020-03-27 LICHTENSTEIN WARREN G Executive Chairman Buy 11,384 $5.75 $65,447 No
2020-03-23 LICHTENSTEIN WARREN G Executive Chairman Buy 1,000 $5.76 $5,760 No
2020-03-19 LICHTENSTEIN WARREN G Executive Chairman Buy 4,400 $6.15 $27,080 No
2019-12-10 LICHTENSTEIN WARREN G Executive Chairman Buy 10 $12.00 $120 No
2019-12-03 LICHTENSTEIN WARREN G Executive Chairman Buy 14,125 $11.96 $168,929 No
2019-11-20 LICHTENSTEIN WARREN G Executive Chairman Buy 25,000 $11.65 $291,250 No
2019-11-20 Fejes William Theodore JR Chief Operating Officer Sell 25,000 $11.60 $290,000 No
2018-05-09 HOWARD JACK L President Sell 41,000 $19.90 $815,900 No
2018-04-26 HOWARD JACK L President Sell 23,719 $20.28 $480,990 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.