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
SYSCO CORP (SYY)
Sector: Consumer Defensive; Industry: Food Distribution

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. As of June 29, 2019, it operated 325 distribution facilities.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-08 Frank Joshua D. Director Sell 1,450,000 $79.89 $115,844,965 No
2021-06-08 PELTZ NELSON Director Sell 1,450,000 $79.89 $115,844,965 No
2021-05-27 PELTZ NELSON Director Sell 1,277,884 $81.28 $103,861,968 No
2021-03-02 Talton Sheila Director Sell 1,582 $81.06 $128,237 No
2020-12-07 Bertrand Greg D EVP Sell 36,403 $76.97 $2,801,939 Yes
2020-12-03 Frank Joshua D. Director Sell 800,000 $73.05 $58,436,906 No
2020-12-03 PELTZ NELSON Director Sell 800,000 $73.05 $58,436,906 No
2020-11-27 Frank Joshua D. Director Sell 1,229,212 $72.31 $88,881,717 No
2020-11-27 PELTZ NELSON Director Sell 1,229,212 $72.31 $88,881,717 No
2020-11-20 Frank Joshua D. Director Sell 1,752,163 $72.42 $126,885,112 No
2020-11-20 PELTZ NELSON Director Sell 1,752,163 $72.42 $126,885,112 No
2020-09-02 Newcomb Nancy Director Sell 10,000 $60.38 $603,800 No
2020-08-24 Bertrand Greg D EVP Sell 1,134 $57.95 $65,715 No
2020-05-18 Frank Joshua D. Director Buy 703,700 $48.06 $33,819,881 No
2020-05-18 PELTZ NELSON Director Buy 703,700 $48.06 $33,819,881 No
2020-01-10 Bertrand Greg D EVP Sell 2,292 $85.03 $194,889 Yes
2020-01-09 Bertrand Greg D EVP Sell 900 $85.06 $76,554 Yes
2020-01-06 Moskowitz Paul T Executive Vice President Sell 33,633 $83.94 $2,823,154 Yes
2020-01-06 Bertrand Greg D EVP Sell 35,000 $83.92 $2,937,200 Yes
2020-01-02 Todd Brian R SVP Sell 12,520 $85.06 $1,064,951 Yes
2019-12-20 Bertrand Greg D EVP Sell 47,643 $85.00 $4,049,655 Yes
2019-12-20 Bene Thomas Chairman, President & CEO Sell 39,384 $85.00 $3,347,640 Yes
2019-11-18 CHARLTON ROBERT S Executive Vice President Sell 28,948 $80.43 $2,328,288 Yes
2019-11-18 Bertrand Greg D EVP Sell 2,450 $81.61 $199,944 Yes
2019-11-01 Bertrand Greg D EVP Sell 25,000 $81.06 $2,026,500 Yes
2019-11-01 Bene Thomas President and CEO Sell 39,384 $80.00 $3,150,720 Yes
2019-10-07 Bene Thomas President and CEO Sell 39,384 $78.12 $3,076,678 Yes
2019-09-26 Todd Brian R SVP Sell 14,706 $78.99 $1,161,627 Yes
2019-09-25 Moskowitz Paul T Executive Vice President Sell 33,600 $78.83 $2,648,688 Yes
2019-09-24 CHARLTON ROBERT S Executive Vice President Sell 300,899 $78.82 $23,716,545 Yes

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

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?