Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
Verrica Pharmaceuticals Inc. (VRCA)
Sector: Healthcare; Industry: Biotechnology

Verrica Pharmaceuticals Inc., a clinical stage medical dermatology company, develops and commercializes dermatological treatments in the United States. The company's lead product candidate include VP-102 that is in phase III clinical trial for the treatment of molluscum contagiosum; in phase II clinical trial for the treatment of common warts; and completed phase I clinical trial for the treatment of Genital warts. The company was founded in 2013 and is headquartered in West Chester, Pennsylvania.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2019-09-09 Davidson Matt 10%-Owner Sell 19,314 $10.89 $210,333 No
2019-08-29 Davidson Matt 10%-Owner Sell 2,688 $10.16 $27,301 No
2019-08-09 Davidson Matt 10%-Owner Sell 6,313 $10.49 $66,200 No
2019-08-06 Davidson Matt 10%-Owner Sell 6,250 $10.54 $65,856 No
2019-08-01 Davidson Matt 10%-Owner Sell 10,338 $11.92 $123,237 No
2019-07-29 Davidson Matt 10%-Owner Sell 12,058 $11.40 $137,481 No
2019-07-24 Davidson Matt 10%-Owner Sell 2,802 $10.24 $28,682 No
2019-07-19 Davidson Matt 10%-Owner Sell 10,800 $10.33 $111,578 No
2019-07-16 Davidson Matt 10%-Owner Sell 10,490 $10.93 $114,662 No
2019-07-11 Davidson Matt 10%-Owner Sell 13,212 $11.58 $152,955 No
2019-07-08 Davidson Matt 10%-Owner Sell 12,529 $11.27 $141,231 No
2019-07-02 Davidson Matt 10%-Owner Sell 33,521 $11.63 $389,840 No
2019-06-25 Davidson Matt 10%-Owner Sell 210 $10.04 $2,108 No
2019-06-13 Davidson Matt 10%-Owner Sell 2,131 $9.65 $20,555 No
2019-06-11 Davidson Matt 10%-Owner Sell 4,345 $8.49 $36,883 No
2019-06-06 Davidson Matt 10%-Owner Sell 5,507 $7.27 $40,057 No
2019-06-03 Davidson Matt 10%-Owner Sell 4,110 $7.36 $30,243 No
2019-05-29 Davidson Matt 10%-Owner Sell 2,100 $8.41 $17,653 No
2019-05-23 Davidson Matt 10%-Owner Sell 2,422 $8.80 $21,320 No
2019-05-20 Davidson Matt 10%-Owner Sell 1,800 $8.95 $16,105 No
2019-05-15 Davidson Matt 10%-Owner Sell 6,973 $9.11 $63,554 No
2019-05-10 Davidson Matt 10%-Owner Sell 3,356 $9.21 $30,917 No
2019-05-07 Davidson Matt 10%-Owner Sell 3,900 $9.28 $36,174 No
2019-05-02 Davidson Matt 10%-Owner Sell 1,768 $9.86 $17,440 No
2019-04-29 Davidson Matt 10%-Owner Sell 3,302 $9.90 $32,683 No
2019-04-24 Davidson Matt 10%-Owner Sell 9,203 $9.92 $91,318 No
2019-04-18 Davidson Matt 10%-Owner Sell 3,516 $10.54 $37,056 No
2019-04-16 Davidson Matt 10%-Owner Sell 3,193 $10.39 $33,185 No
2019-04-11 Davidson Matt 10%-Owner Sell 18,850 $10.16 $191,544 No
2019-04-08 Davidson Matt 10%-Owner Sell 12,385 $10.67 $132,109 No

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.

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.