Sjova-Almennar tryggingar hf
ICEX:SJOVA
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We don't have any information about SJOVA's insider trading.
Sjova-Almennar tryggingar hf
Glance View
Sjóvá-Almennar tryggingar hf engages in the provision of insurance services. The firm offers its solutions for both individuals and businesses. The firm reports three segments: Non-life Insurance, comprising property and casualty insurance; Life Insurance, offering life and health insurance; and Financial, including activities and financial operations of Sjova Forvarnahusid ehf. The firm offers wide range of insurance services that apply to assets, such as buildings and interior equipment (pipelines, electronics damage, property theft), livelihood, cargo; vehicles, such as passenger cars, jeeps, trucks, motorcycles, all-terrain vehicles (ATV) and snowmobile, among others; and life, health and travel insurance, among others. In addition, it offers Sickness Cost Insurance, required by the law for Icelanders, as well as for foreigners. The firm also provides rental of an automobile on its expense after a car accident.
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.
