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
XPEL, Inc. (XPEL)
Sector: Consumer Cyclical; Industry: Auto Parts

XPEL, Inc. manufactures, sells, distributes, and installs after-market automotive products in the United States, China, Canada, Continental Europe, the United Kingdom, Asia Pacific, Latin America, the Middle East/Africa, and internationally. It also provides merchandise and apparel, aftercare products, and ceramic coatings. In addition, the company offers paint protection kits, car wash products, after-care products, and installation tools through its website. XPEL, Inc. was founded in 1999 and is headquartered in San Antonio, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-11-11 Adams Mark 10%-Owner, Director Sell 61,589 $30.38 $1,871,212 No
2020-11-09 Adams Mark 10%-Owner, Director Sell 42,662 $28.46 $1,214,081 No
2020-11-05 Adams Mark 10%-Owner, Director Sell 29,227 $28.23 $825,155 No
2020-10-22 Adams Mark 10%-Owner, Director Sell 1,698 $26.51 $45,016 No
2020-10-21 Adams Mark 10%-Owner, Director Sell 12,600 $26.97 $339,769 No
2020-10-19 Adams Mark 10%-Owner, Director Sell 14,243 $27.12 $386,287 No
2020-10-14 Adams Mark 10%-Owner, Director Sell 38,119 $30.18 $1,150,393 No
2020-10-12 Adams Mark 10%-Owner, Director Sell 2,500 $28.03 $70,079 No
2020-10-07 Adams Mark 10%-Owner, Director Sell 33,618 $28.39 $954,415 No
2020-09-30 Adams Mark 10%-Owner, Director Sell 13,437 $25.77 $346,268 No
2020-09-28 Adams Mark 10%-Owner, Director Sell 11,742 $24.05 $282,366 No
2020-09-24 Adams Mark 10%-Owner, Director Sell 17,106 $24.36 $416,716 No
2020-09-22 Adams Mark 10%-Owner, Director Sell 7,275 $23.52 $171,108 No
2020-09-21 Adams Mark 10%-Owner, Director Sell 27,861 $24.37 $678,889 No
2020-09-17 Adams Mark 10%-Owner, Director Sell 28,135 $27.09 $762,067 No
2020-08-20 Adams Mark 10%-Owner, Director Sell 24,700 $28.88 $713,234 No
2020-08-19 Adams Mark 10%-Owner, Director Sell 22,700 $28.06 $636,865 No

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.