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
NET 1 UEPS TECHNOLOGIES INC (UEPS)
Sector: Technology; Industry: Software—Infrastructure

Net 1 UEPS Technologies, Inc. provides transaction processing services, financial inclusion products and services, and secure payment technologies in South Africa, the Republic of Korea, and internationally. The South African Transaction Processing segment primarily offers transaction processing for retailers, utilities, and banks. It also sells prepaid products, such as electricity and airtime, hardware and software, and life insurance products. In addition, this segment distributes mobile subscriber starter packs; and provides financing to Cell C for expanding the components of Cell C's telecommunications infrastructure in South Africa. The company was incorporated in 1997 and is headquartered in Johannesburg, South Africa.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2014-09-03 Seabrooke Christopher Stefan Director Sell 8,041 $12.97 $104,292 No
2014-06-27 Pein Alasdair Jonathan Kemsley Director Sell 12,649 $11.23 $142,048 No
2014-06-18 Seabrooke Christopher Stefan Director Sell 22,000 $11.03 $242,660 No
2014-06-17 Seabrooke Christopher Stefan Director Sell 2,000 $11.29 $22,580 No
2014-06-17 Seabrooke Christopher Stefan Director Sell 52,500 $11.17 $586,425 No
2014-06-16 Seabrooke Christopher Stefan Director Sell 113,773 $11.25 $1,279,923 No
2014-06-13 Edwards Paul Director Sell 4,841 $11.24 $54,413 No
2014-06-12 Seabrooke Christopher Stefan Director Sell 29,098 $11.52 $335,209 No
2014-05-14 GENERAL ATLANTIC LLC *See Remarks Sell 286,109 $10.54 $3,015,589 No
2014-05-12 GENERAL ATLANTIC LLC *See Remarks Sell 575,000 $10.10 $5,807,846 No
2014-05-07 GENERAL ATLANTIC LLC *See Remarks Sell 532,466 $9.32 $4,961,934 No
2014-04-22 GENERAL ATLANTIC LLC *See Remarks Sell 61,733 $9.00 $555,597 No
2014-03-18 GENERAL ATLANTIC LLC *See Remarks Sell 2,000 $10.27 $20,540 No
2014-03-12 GENERAL ATLANTIC LLC *See Remarks Sell 6,855 $10.26 $70,332 No
2014-03-05 GENERAL ATLANTIC LLC *See Remarks Sell 52,438 $10.22 $535,765 No
2013-11-19 GENERAL ATLANTIC LLC *See Remarks Sell 100,000 $11.55 $1,155,000 No
2013-11-13 GENERAL ATLANTIC LLC *See Remarks Sell 134,302 $12.22 $1,641,543 No
2013-11-08 GENERAL ATLANTIC LLC *See Remarks Sell 92,910 $12.14 $1,127,500 No
2012-09-06 Seabrooke Christopher Stefan Director Sell 10,974 $9.20 $100,961 No
2012-09-05 Edwards Paul Director Sell 3,002 $9.38 $28,159 No
2012-02-21 Edwards Paul Director Sell 4,005 $9.93 $39,770 No
2011-09-30 Ball Antony C Director Buy 9,033 $6.50 $58,714 No
2011-09-28 Ball Antony C Director Buy 1,794 $6.47 $11,599 No
2011-09-22 Ball Antony C Director Buy 13,326 $6.36 $84,756 No
2010-06-23 Pein Alasdair Jonathan Kemsley Director Sell 55,000 $15.27 $839,850 No
2010-03-19 Soma Nitin Senior VP IT Sell 88,852 $18.25 $1,621,549 No
2010-03-18 Soma Nitin Senior VP IT Sell 46,705 $18.26 $852,833 No
2010-03-17 Soma Nitin Senior Vice President Informat Sell 1,100 $18.53 $20,383 No
2010-03-16 Soma Nitin Senior Vice President IT Sell 100 $18.55 $1,855 No
2010-03-15 Soma Nitin Senior Vice President IT Sell 13,145 $18.59 $244,366 No

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.