Boston Furniture Industries Tbk PT
IDX:SOFA
We don't have any information about SOFA's insider trading.
Boston Furniture Industries Tbk PT
Glance View
PT Boston Furniture Industries Tbk is engaged in the manufacture of furniture. The company is headquartered in Tangerang, Banten. The company went IPO on 2020-07-07. The firm is focused on processing of wood-based furniture and other wood products, metal-based products and distribution and sales of furniture through subsidiaries. The Company’s business activities include wholesale of non-automobiles and motorcycles; special construction; professional activity; other scientific and technical; repair of personal necessities and household equipment, and financial services. The company makes wooden furniture for households and offices, such as tables, chairs, benches, beds, cupboards, shelves, cabinets, and room dividers. The Company’s brands include Blackwood American and Modern Blackwood. The firm also provides a service called white glove service. Its subsidiaries include PT Pratama Satya Prima and PT Pratama Satya Tunggal.
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.
