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
2019-12-02 Reses Jacqueline D Capital Lead Sell 28,568 $67.00 $1,914,030 No
2019-11-08 Reses Jacqueline D Capital Lead Sell 90,455 $62.28 $5,633,890 Yes
2019-09-10 Henry Alyssa Seller Lead Sell 20,000 $60.26 $1,205,200 Yes
2019-09-03 Dale Ajmere Chief Accounting Officer Sell 2,048 $62.47 $127,939 No
2019-08-13 Henry Alyssa Seller Lead Sell 20,000 $61.86 $1,237,200 Yes
2019-08-01 Reses Jacqueline D Capital Lead Sell 5,000 $81.83 $409,130 No
2019-07-12 Henry Alyssa Seller Lead Sell 40,000 $81.31 $3,252,400 Yes
2019-07-12 Dale Ajmere Chief Accounting Officer Sell 4,953 $80.00 $396,240 No
2019-07-09 Henry Alyssa Seller Lead Sell 20,000 $77.69 $1,553,867 Yes
2019-07-01 Reses Jacqueline D Capital Lead Sell 5,000 $73.26 $366,278 No
2019-06-11 Henry Alyssa Seller Lead Sell 20,000 $70.22 $1,404,309 Yes
2019-06-04 Reses Jacqueline D Capital Lead Sell 5,000 $63.00 $315,000 No
2019-06-03 Dale Ajmere Chief Accounting Officer Sell 2,296 $60.86 $139,736 No
2019-05-15 Henry Alyssa Seller Lead Sell 20,000 $64.20 $1,283,989 Yes
2019-05-03 Reses Jacqueline D Capital Lead Sell 5,000 $68.35 $341,741 No
2019-04-10 Dorsey Jack President, CEO & Chairman Sell 68,690 $74.44 $5,112,969 Yes
2019-04-03 Dorsey Jack President, CEO & Chairman Sell 103,035 $76.88 $7,921,191 Yes
2019-03-27 Dorsey Jack President, CEO & Chairman Sell 103,035 $74.23 $7,648,151 Yes
2019-03-20 Dorsey Jack President, CEO & Chairman Sell 103,035 $75.08 $7,735,637 Yes
2019-03-13 Dorsey Jack President, CEO & Chairman Sell 103,035 $77.35 $7,969,757 Yes
2019-03-06 Dorsey Jack President, CEO & Chairman Sell 103,035 $75.33 $7,761,344 Yes
2019-03-04 Dale Ajmere Chief Accounting Officer Sell 2,658 $74.98 $199,297 No
2019-03-01 Dale Ajmere Chief Accounting Officer Sell 2,048 $80.00 $163,840 No
2019-02-27 Dorsey Jack President, CEO & Chairman Sell 103,035 $78.04 $8,040,945 Yes
2019-02-20 Dorsey Jack President, CEO & Chairman Sell 103,035 $77.16 $7,950,181 Yes
2019-02-13 Dorsey Jack President, CEO & Chairman Sell 103,035 $76.45 $7,876,869 Yes
2019-02-06 Dorsey Jack President, CEO & Chairman Sell 103,035 $71.83 $7,400,822 Yes
2019-02-01 Reses Jacqueline D Capital Lead Sell 15,000 $70.85 $1,062,800 Yes
2019-01-30 Dorsey Jack President, CEO & Chairman Sell 103,035 $70.33 $7,246,530 Yes
2019-01-23 Dorsey Jack President, CEO & Chairman Sell 103,035 $69.87 $7,199,511 Yes

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

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.