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

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-27 Treace John T. Chief Executive Officer Sell 5,253,805 $17.00 $89,314,685 Yes
2021-04-27 Hair Mark Chief Financial Officer Buy 13,600 $17.00 $231,200 No
2021-04-27 TREACE JOHN R Director Sell 401,250 $17.00 $6,821,250 Yes
2021-04-27 Frias Jaime A. nan Sell 329,230 $17.00 $5,596,910 Yes
2021-04-27 Owens Daniel E. Chief HR Officer Buy 4,000 $17.00 $68,000 No

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.

Insider Smart

Carvana Co (CVNA) - One of the best timed insider buying in the crash is from GARCIA ERNEST C. II 10%-owner of CVNA. Bought at 45 and now with a 100%+ profit.