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
ZILLOW GROUP, INC. (ZG)
Sector: Communication Services; Industry: Internet Content & Information

Zillow Group, Inc. operates real estate brands on mobile and the web in the United States. The company's platform offers buying, selling, renting, and financing services for residential real estate. The company's portfolio of consumer brands consists of Zillow, Zillow Offers, Zillow Home Loans, Trulia, StreetEasy, HotPads, Naked Apartments, and Out East; and business brands for real estate, rental, and mortgage professionals include Mortech, dotloop, Bridge Interactive and New Home Feed.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-02-24 BLACHFORD ERIK C Director Sell 13,806 $169.79 $2,344,168 Yes
2020-11-24 BLACHFORD ERIK C Director Sell 88,994 $112.84 $10,041,876 No
2020-03-03 BLACHFORD ERIK C Director Sell 46,300 $52.95 $2,451,543 Yes
2019-11-27 BLACHFORD ERIK C Director Sell 45,417 $39.04 $1,772,930 Yes

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.

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.