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
2009-07-14 Belamant Serge Chief Executive Officer Sell 75,000 $12.60 $945,000 No
2009-06-16 Edwards Paul Director Sell 450 $13.33 $5,998 No
2009-05-19 Edwards Paul Director Sell 8,335 $13.44 $112,022 Yes
2009-05-19 Seabrooke Christopher Stefan Director Sell 8,335 $13.44 $112,022 Yes
2008-09-12 Seabrooke Christopher Stefan Director Sell 8,333 $27.27 $227,241 Yes
2008-09-12 Edwards Paul Director Sell 8,333 $27.27 $227,241 Yes
2008-03-25 Brait S.A. 10%-Owner Sell 166,457 $23.96 $3,988,177 No
2008-02-14 Seabrooke Christopher Stefan Director Sell 8,333 $28.38 $236,524 Yes
2008-02-14 Edwards Paul Director Sell 8,333 $28.38 $236,524 No
2007-05-29 Stewart Brenda Senior VP Sales and Marketin Sell 83,333 $25.61 $2,134,158 No
2006-06-22 WENDELSTADT FLORIAN P Director Buy 2,991,540 $24.00 $71,796,960 No
2006-05-25 Soma Nitin Senior VP Information Tech. Sell 111,904 $27.70 $3,099,741 Yes
2006-05-25 Stewart Brenda Officer Sell 83,333 $27.70 $2,308,324 Yes
2006-05-25 Kotze Herman Chief Financial Officer Sell 83,333 $27.70 $2,308,324 Yes
2006-05-25 Smart Chad L Director Sell 16,666 $27.70 $461,648 Yes
2006-05-25 Belamant Serge Chief Executive Officer Sell 478,333 $27.70 $13,249,824 Yes
2006-05-25 Soma Nitin Sr. V.P. Information Tech. Buy 111,904 $27.70 $3,099,741 Yes
2006-05-25 Kotze Herman Chief Executive Officer Sell 83,333 $27.70 $2,308,324 Yes
2006-05-25 Edwards Paul Director Sell 16,666 $27.70 $461,648 Yes
2006-05-25 Smart Chad L Director Sell 16,666 $27.70 $461,648 Yes
2006-05-25 Stewart Brenda Chief Executive Officer Sell 83,333 $27.70 $2,308,324 Yes

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.

Insider Smart

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?