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
Square, Inc. (SQ)
Sector: Technology; Industry: Software—Infrastructure

Square, Inc. provides, together with its subsidiaries, payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that offers sellers to payment and point-of-sale solutions. The company also offers various software products, including Square Point of Sale; Square Virtual Terminal; Square Appointments; Square for Retail; Square for Restaurants; Square Invoices, Square Online Store; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-08-11 Henry Alyssa Seller Lead Sell 10,000 $273.25 $2,732,528 Yes
2021-08-03 Grassadonia Brian Cash App Lead Sell 3,667 $268.52 $984,657 Yes
2021-07-23 Ahuja Amrita Chief Financial Officer Sell 8,070 $264.20 $2,132,134 Yes
2021-07-14 Henry Alyssa Seller Lead Sell 10,000 $241.46 $2,414,561 Yes
2021-07-13 McKelvey James Morgan Jr. Director Sell 200,000 $242.98 $48,595,130 Yes
2021-07-02 Ahuja Amrita Chief Financial Officer Sell 4,265 $241.33 $1,029,261 Yes
2021-06-15 McKelvey James Morgan Jr. Director Sell 200,000 $227.98 $45,595,709 Yes
2021-06-09 Henry Alyssa Seller Lead Sell 10,000 $212.81 $2,128,109 Yes
2021-06-02 Grassadonia Brian Cash App Lead Sell 4,506 $221.41 $997,680 Yes
2021-05-18 McKelvey James Morgan Jr. Director Sell 200,000 $205.56 $41,111,883 Yes
2021-05-17 Grassadonia Brian Cash App Lead Sell 386 $205.00 $79,130 No
2021-05-17 Dorsey Jack President, CEO & Chairman Sell 100,000 $201.98 $20,198,014 Yes
2021-05-10 Henry Alyssa Seller Lead Sell 10,000 $219.23 $2,192,266 Yes
2021-05-10 Dorsey Jack President, CEO & Chairman Sell 100,000 $225.47 $22,546,921 Yes
2021-05-04 Grassadonia Brian Cash App Lead Sell 4,104 $232.38 $953,684 Yes
2021-05-03 Dorsey Jack President, CEO & Chairman Sell 100,000 $245.60 $24,559,654 Yes
2021-05-03 Ahuja Amrita Chief Financial Officer Sell 4,838 $245.02 $1,185,427 Yes
2021-04-26 Dorsey Jack President, CEO & Chairman Sell 100,000 $249.33 $24,932,781 Yes
2021-04-19 McKelvey James Morgan Jr. Director Sell 200,000 $246.17 $49,233,305 Yes
2021-04-19 Dorsey Jack President, CEO & Chairman Sell 100,000 $250.07 $25,006,842 Yes
2021-04-12 Dorsey Jack President, CEO & Chairman Sell 100,000 $259.25 $25,924,783 Yes
2021-04-09 Ahuja Amrita Chief Financial Officer Sell 3,335 $258.49 $862,049 Yes
2021-04-07 Grassadonia Brian Cash App Lead Sell 16,671 $246.18 $4,104,003 Yes
2021-04-05 Ahuja Amrita Chief Financial Officer Sell 3,048 $231.89 $706,801 Yes
2021-04-05 Dorsey Jack President, CEO & Chairman Sell 100,000 $230.13 $23,012,880 Yes
2021-03-29 Dorsey Jack President, CEO & Chairman Sell 100,000 $210.26 $21,025,910 Yes
2021-03-23 Ahuja Amrita Chief Financial Officer Sell 4,995 $226.35 $1,130,618 Yes
2021-03-22 Dorsey Jack President, CEO & Chairman Sell 100,000 $224.29 $22,428,655 Yes
2021-03-16 McKelvey James Morgan Jr. Director Sell 200,000 $247.70 $49,539,664 Yes
2021-03-15 Dorsey Jack President, CEO & Chairman Sell 100,000 $242.07 $24,207,166 Yes

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.

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.