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
TORCHLIGHT ENERGY RESOURCES INC (TRCH)
Sector: Energy; Industry: Oil & Gas E&P

Torchlight Energy Resources, Inc., through its subsidiaries, engages in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the United States.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-22 ZYNGIER ALEXANDRE Director Sell 600,000 $7.00 $4,200,000 Yes
2020-12-18 McCabe Greg 10%-Owner, Director Buy 1,630,434 $0.46 $750,000 No
2018-08-30 GRAVES MICHAEL JAMES Director Buy 12,764 $1.13 $14,372 No
2018-08-24 GRAVES MICHAEL JAMES Director Buy 7,236 $1.13 $8,149 No
2016-02-16 McCabe Greg 10%-Owner Buy 50,000 $0.67 $33,566 No
2014-04-16 DEVEREAUX EDWARD J Director Buy 1,000 $5.07 $5,068 No
2014-04-03 DEVEREAUX EDWARD J Director Buy 1,000 $5.02 $5,019 No
2014-07-24 BARNEY JERRY D Director Sell 2,456 $3.95 $9,701 No
2014-06-13 Lapinski Thomas Chief Executive Officer Buy 5,000 $4.20 $20,981 No
2014-06-12 Brda John A. President Buy 4,500 $4.25 $19,118 No
2014-06-10 DULIN ROBERT KENNETH 10%-Owner Buy 8,700 $3.99 $34,733 No
2014-05-16 BARNEY JERRY D Director Buy 13 $4.15 $54 No
2014-04-16 DEVEREAUX EDWARD J Director Buy 1,000 $5.07 $5,068 No
2014-04-15 DULIN ROBERT KENNETH 10%-Owner Buy 28,261 $4.82 $136,091 No
2014-04-07 BARNEY JERRY D Director Buy 2 $4.02 $8 Yes
2014-04-03 DEVEREAUX EDWARD J Director Buy 1,000 $5.02 $5,019 No
2013-10-30 DEVEREAUX EDWARD J Director Buy 165 $4.04 $667 No
2013-04-26 DULIN ROBERT KENNETH 10%-Owner Buy 28,040 $2.06 $57,808 No
2012-12-24 DULIN ROBERT KENNETH 10%-Owner Buy 22,430 $2.21 $49,503 Yes

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.