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
SYSCO CORP (SYY)
Sector: Consumer Defensive; Industry: Food Distribution

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. As of June 29, 2019, it operated 325 distribution facilities.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-04-08 Hourican Kevin President and CEO Sell 75,018 $86.00 $6,451,548 Yes
2022-02-16 Zielinski Anita A SVP & CAO Sell 7,221 $85.00 $613,785 Yes
2022-02-16 Bertrand Greg D EVP Sell 75,526 $85.43 $6,452,186 Yes
2022-02-10 Talton Sheila Director Sell 2,265 $82.14 $186,047 No
2022-02-09 Jasper James Chris SVP Sell 9,097 $83.00 $755,051 Yes
2021-10-08 Zielinski Anita A SVP & CAO Sell 3,611 $83.00 $299,713 Yes
2021-08-30 Robinson Cathy Marie EVP Sell 32,923 $80.29 $2,643,388 Yes
2021-09-23 Robinson Cathy Marie EVP Sell 7,101 $80.00 $568,080 No
2021-06-08 Frank Joshua D. Director Sell 1,450,000 $79.89 $115,844,965 No
2021-06-08 PELTZ NELSON Director Sell 1,450,000 $79.89 $115,844,965 No
2021-05-27 PELTZ NELSON Director Sell 1,277,884 $81.28 $103,861,968 No
2021-03-02 Talton Sheila Director Sell 1,582 $81.06 $128,237 No
2020-12-07 Bertrand Greg D EVP Sell 36,403 $76.97 $2,801,939 Yes
2020-12-03 Frank Joshua D. Director Sell 800,000 $73.05 $58,436,906 No
2020-12-03 PELTZ NELSON Director Sell 800,000 $73.05 $58,436,906 No
2020-11-27 Frank Joshua D. Director Sell 1,229,212 $72.31 $88,881,717 No
2020-11-27 PELTZ NELSON Director Sell 1,229,212 $72.31 $88,881,717 No
2020-11-20 Frank Joshua D. Director Sell 1,752,163 $72.42 $126,885,112 No
2020-11-20 PELTZ NELSON Director Sell 1,752,163 $72.42 $126,885,112 No
2020-09-02 Newcomb Nancy Director Sell 10,000 $60.38 $603,800 No
2020-08-24 Bertrand Greg D EVP Sell 1,134 $57.95 $65,715 No
2020-05-18 Frank Joshua D. Director Buy 703,700 $48.06 $33,819,881 No
2020-05-18 PELTZ NELSON Director Buy 703,700 $48.06 $33,819,881 No
2020-01-10 Bertrand Greg D EVP Sell 2,292 $85.03 $194,889 Yes
2020-01-09 Bertrand Greg D EVP Sell 900 $85.06 $76,554 Yes
2020-01-06 Moskowitz Paul T Executive Vice President Sell 33,633 $83.94 $2,823,154 Yes
2020-01-06 Bertrand Greg D EVP Sell 35,000 $83.92 $2,937,200 Yes
2020-01-02 Todd Brian R SVP Sell 12,520 $85.06 $1,064,951 Yes
2019-12-20 Bertrand Greg D EVP Sell 47,643 $85.00 $4,049,655 Yes
2019-12-20 Bene Thomas Chairman, President & CEO Sell 39,384 $85.00 $3,347,640 Yes

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.

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.