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
ContextLogic Inc. (WISH)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-01-18 Shah Devang General Counsel and Secretary Sell 8,750 $2.45 $21,438 No
2021-11-17 Shah Devang General Counsel and Secretary Sell 94,940 $4.89 $464,038 No
2021-10-26 Shah Devang General Counsel and Secretary Sell 4,134 $5.44 $22,489 No
2021-10-18 Shah Devang General Counsel and Secretary Sell 10,333 $5.00 $51,665 No
2021-10-01 Shah Devang General Counsel and Secretary Sell 4,083 $5.53 $22,579 No
2021-07-19 Shah Devang General Counsel and Secretary Sell 11,492 $9.00 $103,483 Yes
2021-05-18 Shah Devang General Counsel and Secretary Sell 55,426 $8.37 $463,694 Yes
2021-03-11 Shah Devang General Counsel and Secretary Sell 150,000 $17.77 $2,665,250 Yes
2021-02-24 Shah Devang General Counsel and Secretary Sell 214,949 $19.65 $4,223,748 Yes

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.

Insider Smart

Carvana Co (CVNA) - One of the best timed insider buying in the crash is from GARCIA ERNEST C. II 10%-owner of CVNA. Bought at 45 and now with a 100%+ profit.