Insider Transactions
Do insider trades predict future price movements?
Even though it is illegal for company insiders to trade on material non-public information, there is a body of academic research that suggests insiders outperform the general public when trading shares of their own companies. This is known as the insider trading anomaly, and it is one of the few trading anomalies that exist in the modern capital markets. By analyzing the historical trading patterns of insiders, we provide the tools and analysis that allow investors to exploit the insider trading anomaly for their own benefit.
Fintel provides analysis to identify trades that predict future price moments.
We do this by analyzing the price movements of stocks subsequent to insider trades and doing statistical analysis to determine if the trades correlate to winning trades.
Click on the name of the insider in the table below to see the statistical analysis and trading performance for the insider.
Tran
Date Stock Form Insider Code 10b5-1
Plan Direct Share
Price Shares
Changed Remaining
Shares Post Value
AMAG 3 Kelly Schick D 34,300
AMAG 3 Kelly Schick D 34,300
AMAG 3 Kelly Schick D 34,300
2020-01-27 AMAG 4 Steven Boyd P - Purchase D 9.43 8,000 4,120,000 38,851,600
2020-01-27 AMAG 4 Steven Boyd P - Purchase I 9.41 8,000 288,000 2,710,080
2020-01-27 AMAG 4 Steven Boyd P - Purchase I 0 4,120,000
2020-01-24 AMAG 4 Steven Boyd P - Purchase D 9.58 34,000 4,112,000 39,392,960
2020-01-24 AMAG 4 Steven Boyd P - Purchase I 9.72 40,000 280,000 2,721,600
2020-01-24 AMAG 4 Steven Boyd P - Purchase I 0 4,112,000
2020-01-10 AMAG 4 Steven Boyd P - Purchase I 0 4,318,000
2020-01-10 AMAG 4 Steven Boyd P - Purchase D 11.64 18,000 4,318,000 50,261,520
2020-01-09 AMAG 4 Steven Boyd P - Purchase D 12.33 12,466 4,300,000 53,019,000
2020-01-09 AMAG 4 Steven Boyd P - Purchase I 0 4,300,000
2020-01-09 AMAG 4 Steven Boyd S - Sale I 0 4,287,534
2020-01-09 AMAG 4 Steven Boyd S - Sale D 12.43 -12,466 4,287,534 53,294,048
2019-12-16 NK 4 John C Thomas S - Sale X D 3.14 -10,000 343,955 1,080,019
2019-12-13 NK 4 John C Thomas S - Sale X D 2.48 -10,000 363,955 902,608
2019-12-13 NK 4 John C Thomas S - Sale X D 2.98 -10,000 353,955 1,054,786
