Selaras Citra Nusantara Perkasa Tbk PT
IDX:SCNP
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We don't have any information about SCNP's insider trading.
Selaras Citra Nusantara Perkasa Tbk PT
Glance View
PT Selaras Citra Nusantara Perkasa Tbk engages in the manufacture of household appliance products and medical equipment. The company is headquartered in Bogor, Jawa Barat and currently employs 165 full-time employees. The company went IPO on 2020-09-07. The firm is engaged in industrial electrical appliances for household use. The Company’s segments include Blender, Iron and Others. The firm has a distributor with the trademark of Turbo for blender, iron, fan and gas stoves with market area in all regions of Indonesia. The Company’s subsidiaries include PT Selaras Donlim Indonesia (SDI) and PT Selaras Turbo Elektronik Indonesia (STEI).
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.
