Hello everyone! Today we are excited to release an upgrade to our fundamental toolset with the new Insider Trading Widget. Want insight into the behaviors of insiders for each company? Now you can. More details below, enjoy!
What is Insider Trading?
Insider trading is the trading of a public company’s stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company.
Why is watching insider movements useful in your analysis?
Insider purchase and sale records can be useful in a number of ways, primarily to read the underlying internal sediment for a company. Stock downtrending but many insiders buying? Might want to consider a position at a technical level that makes sense.
Really love a breakout stock but the industry insiders are selling? May want to proceed with caution on that particular asset.
Insider Trading Widget
To access the Insider Trading widget in TrendSpider, first, select the sidebar button, then “Add New Widget”. When adding a new widget select the “Insider Trading” option. This will add insider trading data like shown below to your widget panel on the right of your screen!
Once the widget is added, filter insiders to watch using the dropdown box located in the center of the Insider Trading Widget. Quickly sort by Directors, Officers, or 10% owners in just a click.
For a walkthrough of this new feature watch this video!
Visit the knowledge base article for this feature here.