Sumber Sinergi Makmur PT Tbk
IDX:IOTF
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We don't have any information about IOTF's insider trading.
Sumber Sinergi Makmur PT Tbk
Glance View
Sumber Sinergi Makmur PT Tbk is a ID-based company operating in industry. The company is headquartered in Jakarta Pusat, Dki Jakarta and currently employs 50 full-time employees. The company went IPO on 2023-10-06. PT Sumber Sinergi Makmur Tbk is an Indonesia-based company engaged in providing Internet of Things (IoT)-based global positioning system (GPS) tracker services. The firm provides solutions for business service systems through a fleet management system, which combines renewable technology. By using the Company's Fox Logger GPS Tracker, it allows customers to monitor the activities of their car, motorbike, truck, heavy equipment just by using their cellphone/tablet/laptop. The company provides reports on total vehicle mileage, parking locations, notifications of predetermined excess speeds, estimated fuel usage, and other special reports tailored to the customer's requests. The firm serves various customers, including government, food and beverage, transportation and commercial, telco, automotives, oil and gas, property and contractor, and plantations.
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.
