Investing in companies based on insider sentiment | Joachim De Zutter
The Direxion All Cap Insider Sentiment Shares (KNOW) seeks investment results, before fees and expenses, that track the Sabrient Multi-Cap Insider/Analyst Quant-weighted Index (SBRQAM).

An interesting paper on the topic was titled "Decoding Inside Information" by Lauren Cohen, Christopher Malloy and Lukasz Pomorski.

"Nejat Seyhun, a renowned professor and researcher in the field of insider trading at the University of Michigan found that when executives bought shares in their own companies, the stock tended to outperform the total market by 8.9% over the next 12 months. Conversely when they sold shares, the stock underperformed the market by 5.4%. If you're interested in learning more on insider trading, check out Seyhun's book: "Investment Intelligence from Insider Trading." " -

ETF Trends: "Insider Sentiment ETF Lands Morningstar Five-Star Rating"