Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
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
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

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

Liberty Media Corp (LSXMA) - BERKSHIRE HATHAWAY INC, Buffett made a move and add 2M shares to their position. What a news after dumping Airlines.