Measured, not claimed

Insider Radar

When an executive buys shares of their own company they often know more than the market – but far from always. We recalculated 301,904 such purchases over ten years and show the ones where it statistically paid off. Including everything that speaks against them. Plus every filing from SEC and BaFin and the stock trades of the US Congress.

Where the data comes from: US insiders from Form 4 filed with the SEC, due within two business days. German insiders from the BaFin database under Article 19 of the Market Abuse Regulation, due within three business days. Politicians from STOCK Act disclosures, which allow 45 days, which is why every trade also shows its filing date. Politicians only have to report amount ranges, not exact sums.
What matters: Open-market buys are meaningful because insiders put their own money in. Sells say little, they are often about taxes or diversification. Option exercises, grants and gifts are hidden here. Not investment advice.