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
TELOS CORP (TLSRP)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-09-22 Porter Shirley 10%-Owner Sell 1,000,000 $29.50 $29,500,000 No
2021-09-22 JRP Settlement 10%-Owner Sell 1,000,000 $29.50 $29,500,000 No
2021-09-22 PORTER JOHN ROBER CAMBER ET AL 10%-Owner Sell 1,000,000 $29.50 $29,500,000 No
2021-11-17 Wood John B Chairman and CEO Buy 100,000 $18.14 $1,814,000 No
2021-11-05 Wright Jefferson V. EVP, General Counsel Sell 25,000 $26.17 $654,250 No
2021-11-01 MALLOY BRENDAN D SVP, Cyber Ops Sell 250,799 $25.65 $6,432,994 No
2021-07-02 MALLOY BRENDAN D SVP, Cyber Ops Sell 1,000 $32.10 $32,100 No
2021-10-20 Wright Jefferson V. EVP, General Counsel Sell 25,000 $26.99 $674,750 No
2021-10-07 Wright Jefferson V. EVP, General Counsel Sell 25,000 $28.00 $700,000 No
2021-09-30 Williams Edward L EVP, COO Sell 88,148 $28.47 $2,509,403 No
2021-09-20 Williams Edward L EVP, COO Sell 46,852 $31.78 $1,488,887 No
2021-09-15 Wright Jefferson V. EVP, General Counsel Sell 25,000 $32.98 $824,404 No
2021-09-03 Fagan Kenneth F Jr. VP, Secure Communications Sell 12,000 $33.02 $396,195 No
2021-08-31 Tracy Richard P VP, CSO Sell 24,474 $33.01 $807,820 No
2021-08-27 Tracy Richard P VP, CSO Sell 39,905 $33.02 $1,317,663 No
2021-08-20 Wright Jefferson V. EVP, General Counsel Sell 25,000 $28.00 $700,000 No
2021-08-20 Williams Edward L EVP, COO Sell 50,000 $28.59 $1,429,679 No
2021-07-21 Williams Edward L EVP, COO Sell 100,000 $28.22 $2,822,380 No
2021-07-07 Williams Edward L EVP, COO Sell 25,000 $31.53 $788,250 No
2021-07-02 WOOD EMMETT J. EVP, Marketing & Strategy Sell 4,407 $33.02 $145,526 No
2021-07-01 Nakazawa Michele EVP, CFO Sell 249,445 $33.11 $8,259,701 No
2021-07-01 Williams Edward L EVP, COO Sell 38,800 $32.86 $1,274,887 No
2021-07-01 WOOD EMMETT J. EVP, Marketing & Strategy Sell 13,708 $33.18 $454,874 No
2021-06-30 Pisani Rinaldi D SVP, Sales & Alliance Sell 200,000 $32.25 $6,450,323 No
2021-06-04 Maluda John W Director Sell 20,000 $33.50 $670,000 No
2021-05-27 Maluda John W Director Sell 40,000 $33.16 $1,326,400 No
2021-04-01 JRP Settlement 10%-Owner Sell 1,900,000 $33.00 $62,700,000 No
2021-04-01 Toxford Corp/Panama 10%-Owner Sell 1,900,000 $33.00 $62,700,000 No
2021-04-01 Porter Shirley 10%-Owner Sell 1,900,000 $33.00 $62,700,000 No
2021-04-01 WOOD EMMETT J. EVP, Marketing & Strategy Sell 308,941 $33.00 $10,195,053 No

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

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.