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
2021-07-19 Szulczewski Piotr Founder and CEO Sell 83,694 $9.01 $753,706 Yes
2021-06-17 Szulczewski Piotr Founder and CEO Sell 76,748 $11.15 $855,740 Yes
2021-05-18 Szulczewski Piotr Founder and CEO Sell 497,132 $8.37 $4,158,509 Yes
2021-02-26 Szulczewski Piotr Founder, CEO, and Chairperson Sell 5,373,615 $19.65 $105,597,642 Yes
2021-02-24 Szulczewski Piotr Founder, CEO, and Chairperson Sell 5,373,615 $19.65 $105,591,535 Yes

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.