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
Virgin Group Acquisition Corp. II (VGII)

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-09-20 Sculptor Capital Management, Inc. 10%-Owner Sell 179,400 $5.06 $908,464 No
2022-07-07 Sculptor Capital Management, Inc. 10%-Owner Sell 6,000 $6.86 $41,160 No
2022-06-23 Sculptor Capital Management, Inc. 10%-Owner Sell 151,645 $8.51 $1,289,805 No
2022-06-16 Virgin Group Acquisition Sponsor II LLC 10%-Owner Buy 6,671,524 $10.00 $66,715,240 Yes

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.