Beacon Lighting Group Ltd
ASX:BLX
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We don't have any information about BLX's insider trading.
Beacon Lighting Group Ltd
Glance View
Beacon Lighting Group Ltd. engages in the sale of lighting, ceiling fans, and light globes. The company is headquartered in Mulgrave, Victoria. The company went IPO on 2014-04-15. The firm sells light fittings, globes, ceiling fans, and energy based products in the Australian market. The firm is focused on designing, developing, sourcing, importing, distributing, merchandising, promoting and selling its own product range to meet the demands of its retail and commercial customers. The firm operates approximately 113 Beacon lighting company stores, two Beacon lighting franchised stores, and five Beacon lighting commercial sales offices. The company also operates the Beacon International in Hong Kong, Germany, the United States, and China, and Light Source Solutions Globes in Australia and New Zealand. The firm also offers products through its online store, www.beaconlighting.com.au.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
