An insider is an individual who has access to non-public information about a publicly traded company. Insiders can include executives, directors, and significant shareholders of the company, and they are considered to have an advantage over other investors because of their access to non-public information.

Insider trading is the practice of buying or selling securities based on non-public information that is obtained from insiders. This practice is illegal because it enables insiders to profit from their access to non-public information and it can create an unfair advantage for insiders over other investors.

Insider trading laws were enacted to prevent this unfair advantage and to protect the integrity of the markets. These laws require insiders to disclose their ownership of the company's securities and to report any changes in their ownership within a specified time frame. This disclosure helps to ensure that the markets are transparent and fair, and it enables regulators to monitor insider trading activity and enforce compliance with the law.

Tracking the sentiment and expectations of insiders

Insider trading can also be a valuable tool for investors who are interested in tracking the sentiment and expectations of insiders. By analyzing insider trading data, investors can gain insights into the trading activity of insiders and use this information to inform their own investment decisions.

Overall, insiders and insider trading are important concepts in the world of finance and investing. Insiders are individuals who have access to non-public information about publicly traded companies, and insider trading is the practice of buying or selling securities based on this non-public information. Insider trading laws are designed to prevent the unfair advantage that insiders have over other investors, and to promote transparency and fairness in the markets.

At TickerTracker.io, we process and analyze Form 4 filings, along with other data sources, to provide the most accurate and up-to-date information about insider activity for companies like Apple Inc. Our comprehensive analysis allows us to provide insights and analysis that can help investors make more informed decisions and better understand the sentiment and expectations of insiders. We are committed to providing the best possible information and analysis to help our users succeed in the markets.