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
Invesco Dynamic Credit Opportunities Fund (VTA)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-01 Saba Capital Management, L.P. 10%-Owner Buy 14,241 $11.08 $157,790 No
2021-02-26 Saba Capital Management, L.P. 10%-Owner Buy 50,000 $10.99 $549,500 No
2021-02-23 Saba Capital Management, L.P. 10%-Owner Buy 7,080 $10.92 $77,314 No
2021-02-16 Saba Capital Management, L.P. 10%-Owner Buy 223,538 $11.05 $2,469,546 No
2021-02-11 Saba Capital Management, L.P. 10%-Owner Buy 170,566 $11.04 $1,883,441 No
2021-02-09 Saba Capital Management, L.P. 10%-Owner Buy 43,581 $11.01 $479,827 No
2021-01-27 Saba Capital Management, L.P. 10%-Owner Buy 6,086 $10.96 $66,703 No
2021-01-21 Saba Capital Management, L.P. 10%-Owner Buy 24,149 $11.03 $266,381 No
2021-01-13 Saba Capital Management, L.P. 10%-Owner Buy 16,358 $10.93 $178,793 No
2021-01-12 Saba Capital Management, L.P. 10%-Owner Buy 133,302 $10.91 $1,453,854 No
2021-01-07 Saba Capital Management, L.P. 10%-Owner Buy 44,496 $10.77 $479,222 No
2020-12-31 Saba Capital Management, L.P. 10%-Owner Buy 12,946 $10.64 $137,796 No
2020-12-29 Saba Capital Management, L.P. 10%-Owner Buy 87,152 $10.51 $916,294 No
2020-12-24 Saba Capital Management, L.P. 10%-Owner Buy 177,300 $10.46 $1,855,099 No
2020-12-21 Saba Capital Management, L.P. 10%-Owner Buy 70,528 $10.39 $733,040 No
2020-12-17 Saba Capital Management, L.P. 10%-Owner Buy 316,090 $10.38 $3,280,707 No
2020-12-14 Saba Capital Management, L.P. 10%-Owner Buy 120,931 $10.28 $1,243,171 No
2020-12-11 Saba Capital Management, L.P. 10%-Owner Buy 71,817 $10.28 $738,188 No
2020-12-04 Saba Capital Management, L.P. 10%-Owner Buy 38,898 $10.44 $406,095 No
2020-11-27 Saba Capital Management, L.P. 10%-Owner Buy 29,609 $10.16 $300,829 No
2020-11-24 Saba Capital Management, L.P. 10%-Owner Buy 21,476 $10.03 $215,367 No
2020-11-20 Saba Capital Management, L.P. 10%-Owner Buy 375,259 $9.94 $3,730,368 No
2020-11-18 Saba Capital Management, L.P. 10%-Owner Buy 113,279 $9.84 $1,115,001 No
2020-11-16 Saba Capital Management, L.P. 10%-Owner Buy 23,984 $9.77 $234,204 No
2020-11-11 Saba Capital Management, L.P. 10%-Owner Buy 118,384 $9.73 $1,151,864 No
2020-11-09 Saba Capital Management, L.P. 10%-Owner Buy 96,404 $9.63 $928,159 No
2020-11-05 Saba Capital Management, L.P. 10%-Owner Buy 52,543 $9.50 $499,419 No
2020-11-03 Saba Capital Management, L.P. 10%-Owner Buy 591,780 $9.28 $5,490,862 No
2020-10-20 Saba Capital Management, L.P. 10%-Owner Buy 602,072 $9.35 $5,631,032 No
2020-10-16 Saba Capital Management, L.P. 10%-Owner Buy 180,136 $9.35 $1,684,272 No

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

SERVICE CORP INTERNATIONAL (SCI) - WALTRIP W BLAIR, Director of $SCI made a buy at 34.65, was he convinced the bottom of the box is a strong support? Well, seems he is not wrong.