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
TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVA)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes generic medicines, specialty medicines, and biopharmaceutical products in North America, Europe, and internationally. It also develops, manufactures, and sells active pharmaceutical ingredients. Additionally, the company's products in the respiratory market include ProAir, ProAir Respiclick, QVAR, Duoresp Spiromax, Braltus, Cinqair/Cinqaero, and AirDuo RespiClick/ArmonAir RespiClick/AirDuo Digihaler for the treatment of asthma and chronic obstructive pulmonary disease, as well as Bendeka, Treanda, Granix, Trisenox, Lonquex, and Tevagrastim/Ratiograstim products in the oncology market.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-11 Stark David Matthew Exec. VP Chief Legal Officer Sell 37,884 $10.22 $387,125 Yes
2021-03-04 Stark David Matthew Exec. VP Chief Legal Officer Sell 13,930 $10.57 $147,186 Yes
2021-03-01 Stark David Matthew Exec. VP Chief Legal Officer Sell 18,430 $10.83 $199,612 Yes
2021-02-16 Stark David Matthew Exec. VP Chief Legal Officer Sell 3,926 $11.12 $43,669 Yes
2021-02-09 Stark David Matthew Exec. VP Chief Legal Officer Sell 65,312 $12.69 $829,103 Yes
2020-03-17 Stark David Matthew Exec. VP Chief Legal Officer Sell 2,359 $7.16 $16,899 Yes
2020-02-14 Stark David Matthew Exec. VP Chief Legal Officer Sell 17,016 $12.14 $206,612 Yes
2020-02-10 Stark David Matthew Exec. VP Chief Legal Officer Sell 12,538 $12.24 $153,471 Yes
2019-03-18 Stark David Matthew Exec. VP Chief Legal Officer Sell 2,358 $16.43 $38,742 Yes
2019-03-12 Stark David Matthew Exec. VP Chief Legal Officer Sell 2,444 $15.82 $38,664 Yes
2019-02-14 Stark David Matthew Exec. VP Chief Legal Officer Sell 3,926 $17.74 $69,647 Yes
2018-03-19 Stark David Matthew Exec. VP Chief Legal Officer Sell 2,358 $18.38 $43,340 Yes
2018-03-12 Stark David Matthew Exec. VP Chief Legal Officer Sell 2,441 $19.20 $46,867 Yes

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.