Recently I’ve been focusing on how to tell if insiders in a company anticipate a potential upside or downside to their company. As the great Peter Lynch once said: “insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” I couldn’t find a data source that compiled all the buying and selling data for companies, so I made on. I created a Python script that picks up Insider Trading transactions for all publicly listed companies. I just completed it so I haven’t had time to test out the impact insider trades have on the stock price, but I thought you guys might think it was a cool source of data. Let me know what you think!
Submitted October 19, 2020 at 10:33AM by lhwolff15