Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Relative Value Fund (VFLEX)


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-08-02 CHAD EISENBERG Treasurer Buy 37 $27.29 $1,000 No
2021-05-21 Sternberg David A CEO OF ADVISER Buy 492 $26.74 $13,156 No
2020-12-31 Sternberg David A CEO OF ADVISER Sell 3,226 $25.55 $82,424 No
2020-12-31 Golden Randal L CFO OF ADVISER Sell 3,226 $25.55 $82,424 No
2020-12-31 PECK MICHAEL D President Sell 3,226 $25.55 $82,424 No
2020-12-31 CHAD EISENBERG Treasurer Sell 3,226 $25.55 $82,424 No
2020-12-31 Vivaldi Holdings LLC 100% OWNER OF ADVISER Sell 3,226 $25.55 $82,424 No
2020-09-21 Sternberg David A CEO OF ADVISER Buy 4,036 $24.78 $100,012 No

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

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.