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
Seagate Technology plc (STX)
Sector: Technology; Industry: Computer Hardware

Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company manufactures and distributes hard disk drives; solid state drives (SSDs), including serial attached small computer system interface and non-volatile memory express SSDs; solid state hybrid drives; and storage subsystems. In addition, the company offers external storage solutions under the Seagate Backup Plus and Expansion product lines, as well as under the LaCie and Maxtor brands in capacities up to 168TB. It sells its products primarily to OEMs, distributors, and retailers.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-11-15 ValueAct Holdings, L.P. Director Sell 1,890,000 $107.69 $203,532,350 No
2021-11-05 Naik Ravi EVP & CIO Sell 20,000 $96.48 $1,929,655 Yes
2021-10-04 Romano Gianluca EVP & CFO Sell 26,139 $84.40 $2,206,010 Yes
2021-09-14 Teh Ban Seng EVP, Global Sales Sell 3,445 $83.88 $288,979 Yes
2021-09-10 Teh Ban Seng EVP, Global Sales Sell 2,340 $87.23 $204,118 Yes
2021-09-01 MOSLEY WILLIAM D Chief Executive Officer Sell 31,500 $86.95 $2,739,059 Yes
2021-06-10 CANNON MICHAEL R Director Sell 7,102 $97.48 $692,269 No
2021-05-03 MOSLEY WILLIAM D Chief Executive Officer Sell 77,754 $92.49 $7,191,669 Yes
2021-05-03 Romano Gianluca EVP & CFO Sell 79,358 $92.02 $7,302,895 Yes
2021-05-03 ValueAct Holdings, L.P. Director Sell 5,634,153 $90.14 $507,890,402 No
2021-04-30 SCHUELKE KATHERINE SVP, CLO & Corporate Secretary Sell 24,525 $95.70 $2,347,002 Yes
2021-04-29 Naik Ravi EVP & CIO Sell 40,000 $96.86 $3,874,588 Yes
2021-04-27 LUCZO STEPHEN J Director Sell 100,000 $92.13 $9,213,220 No
2021-03-12 LUCZO STEPHEN J Director Sell 244,384 $76.67 $18,737,428 Yes
2021-03-12 Teh Ban Seng EVP, Global Sales Sell 20,357 $76.72 $1,561,832 Yes
2021-03-11 Tilenius Stephanie Director Sell 7,000 $77.38 $541,664 No
2021-03-08 LUCZO STEPHEN J Director Sell 127,600 $74.47 $9,502,512 Yes
2021-03-05 SCHUELKE KATHERINE SVP, CLO & Corporate Secretary Sell 4,525 $73.20 $331,230 No
2021-03-04 LUCZO STEPHEN J Director Sell 75,000 $71.95 $5,396,198 No
2021-03-03 ValueAct Holdings, L.P. Director Sell 4,650,000 $72.75 $338,287,500 No
2021-02-26 Geldmacher Jay L Director Sell 7,500 $74.55 $559,125 No
2021-02-18 Teh Ban Seng EVP, Global Sales Sell 10,000 $72.78 $727,800 Yes
2021-02-16 Fochtman Jeffrey D. SVP, Business & Marketing Sell 5,000 $71.61 $358,050 No
2020-12-16 Nygaard Jeffrey D. Executive Vice President Sell 10,000 $66.00 $660,000 Yes
2021-01-27 Nygaard Jeffrey D. Executive Vice President Sell 38,689 $68.76 $2,660,090 Yes
2021-01-15 ValueAct Holdings, L.P. 10%-Owner, Director Sell 703,034 $60.24 $42,352,270 No
2021-01-08 ValueAct Holdings, L.P. 10%-Owner, Director Sell 617,691 $60.25 $37,214,057 No
2021-01-06 ValueAct Holdings, L.P. 10%-Owner, Director Sell 1,164,725 $60.47 $70,433,076 No
2020-12-31 ValueAct Holdings, L.P. 10%-Owner, Director Sell 1,414,550 $61.20 $86,565,660 No
2020-12-23 Nygaard Jeffrey D. Executive Vice President Sell 17,742 $63.46 $1,125,824 No

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.