Hotel Fitra International Tbk PT
IDX:FITT
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Hotel Fitra International Tbk PT
Glance View
PT Hotel Fitra International Tbk is an investment holding company. The company is headquartered in Bandung, Jawa Barat. The company went IPO on 2019-06-11. The Company, through its subsidiary, PT Bumi Majalengka Permai (BMP), manages the Company, which has a land area of approximately 3,037 square meters, a building area of over 3,900 square meters, consisting of over three floors with a total of approximately 113 rooms. The company has two types of rooms, which includes Junior Suite with an area of approximately 24 square meters and Superior with an area of over 18 square meters. The firm is also equipped with over three meeting rooms with a capacity of approximately 100 seats, as well as a lounge and restaurant with a capacity of over 80 passengers. The hotel is located in Majalengka, Indonesia.
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.