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
WATERS CORP /DE/ (WAT)
Sector: Healthcare; Industry: Diagnostics & Research

Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-12-02 CONARD EDWARD Director Sell 4,000 $336.01 $1,344,040 Yes
2021-08-16 BADDOUR LINDA Director Sell 1,260 $408.99 $515,327 Yes
2021-08-12 BERENDT MICHAEL J Director Sell 4,000 $398.43 $1,593,720 No
2021-08-05 SALICE THOMAS P Director Sell 8,500 $395.00 $3,357,500 No
2021-05-24 BERENDT MICHAEL J Director Sell 1,161 $318.24 $369,477 No
2021-05-13 BADDOUR LINDA Director Sell 1,249 $314.99 $393,423 Yes
2021-03-05 REED JOANN A Director Sell 1,600 $263.31 $421,296 Yes
2021-02-09 REED JOANN A Director Sell 4,759 $282.39 $1,343,909 Yes
2020-12-04 CONARD EDWARD Director Sell 1,322 $236.59 $312,772 Yes
2020-11-12 Carson Robert G SVP Corporate Development Sell 2,277 $227.94 $519,031 Yes
2020-11-09 BERENDT MICHAEL J Director Sell 4,000 $230.10 $920,400 Yes
2020-10-30 Buck Sherry SVP and CFO Sell 17,499 $221.62 $3,878,128 Yes
2020-08-24 Harrington Michael C SVP, Global Markets Sell 24,381 $215.75 $5,260,292 Yes
2020-08-20 Rae Elizabeth B SVP, Global HR Sell 6,380 $213.50 $1,362,130 Yes
2020-08-19 King Ian SVP, Global Products Sell 12,000 $218.44 $2,621,280 Yes
2020-08-05 Aleman Keeley A SVP General Counsel & Corp Sec Sell 150 $210.47 $31,570 No
2020-07-31 OConnell Christopher J CEO and President Sell 30,000 $213.30 $6,399,000 Yes
2020-05-18 Rae Elizabeth B SVP, Global HR Sell 5,000 $183.53 $917,650 Yes
2020-02-26 Kim Francis SVP Global Operations Sell 1,471 $207.33 $304,982 Yes
2020-02-21 Aleman Keeley A SVP General Counsel & Corp Sec Sell 151 $216.78 $32,734 No
2020-02-06 Kim Francis SVP Global Operations Sell 6,488 $220.06 $1,427,775 Yes
2020-01-02 REED JOANN A Director Sell 5,194 $234.67 $1,218,876 Yes
2020-01-02 BERENDT MICHAEL J Director Sell 4,000 $234.93 $939,720 Yes
2019-11-26 CONARD EDWARD Director Sell 1,112 $221.97 $246,831 Yes
2019-11-15 BEAUDOUIN MARK T SVP and General Counsel Sell 3,175 $215.00 $682,625 No
2019-11-13 Harrington Michael C SVP, Global Markets Sell 23,632 $213.30 $5,040,785 Yes
2019-11-13 King Ian SVP, Global Products Sell 20,625 $213.39 $4,401,169 Yes
2019-11-13 BEAUDOUIN MARK T SVP and General Counsel Sell 825 $215.00 $177,375 No
2019-11-12 King Ian SVP, Global Products Sell 2,375 $213.19 $506,326 Yes
2019-11-07 Rae Elizabeth B SVP, Global HR Sell 29,326 $213.12 $6,249,967 Yes

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.