One of the biggest challenges Online Brokers have been facing is how to give investment ideas without providing investment advice. The challenge is significant because, to start with, the ideas need to be good and result in positive returns for the users. Additionally, the tools providing these ideas need to be both simple and compatible with local regulations.
One of the unique research tools TipRanks offers has been recently covered by Bloomberg Businessweek, and as they put it, “Viewed through this lens, services such as TipRanks’ can be seen as providing a benefit to society, helping information pass from the informed few to the masses more quickly and efficiently.”
Bloomberg’s writer illustrates how the average user can benefit from tracking corporate insiders who have been outperforming the markets. He explains how these capabilities were available only to institutional investors… that is, until TipRanks made them available to everyone.
TipRanks achieves that by scanning SEC filings to reveal the transactions of more than 82,000 Corporate Insiders. Furthermore, our ongoing analysis determines which insiders are consistently profitable, showing investors which C-level executives, directors, and other significant shareholders to follow with confidence.
Bloomberg also had the opportunity to have a discussion with the CEO of TipRanks. They spoke about how users can benefit from the inefficiency of the way in which insider trading is filed:
With TipRanks’ Insiders Tool, brokers can give their customers unprecedented access to information that is typically reserved exclusively to professional investors.
Your customers will benefit from following the best-performing insiders, and a live list of stocks that insiders seem to be buying in abnormal amounts, thereby increasing their chances of investing success.
How it Works
Insider Trading Data
TipRanks works with banks and brokerages to give their users access to this valuable data, by incorporating its unique insider trading data onto their platforms.
The data is presented on easy-to-use interactive tools that give you an edge against your competitors and keeps traders on-site and actively trading.
Insider Signal
This dataset can be applied to any stock about which insiders are required to report their transactions. It presents an overall signal based on the number of insiders buying or selling.
Investors can easily see who is making the trades, and whether their transactions are Informative (indicates sentiment) or uninformative.
Insiders’ Hot Stocks
What if a retail investor wants to search for stocks based on insider activities? This powerful alpha-beating screener shows your users how insiders are investing their own money. It has 4 pre-set strategies, including one with 38.64% annualized return.
To learn more about the TipRanks product suite, please visit our Enterprise portal.
Please contact us to learn how you can incorporate our advanced research tools and datasets into your service at sales@tipranks.com
