Nexen Tire Corp
KRX:002355
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We don't have any information about Nexen Tire Corp's insider trading.
Nexen Tire Corp
Glance View
NEXEN TIRE Corp. engages in the manufacture, sale and rental of automobile tires. The company is headquartered in Yangsan, Gyeongsangnam-Do. The firm operates its business through two segments. The Tire segment is engaged in the manufacturing and sale of tires including passenger car radial (PCR) tires, light truck radial (LTR) tires and sport utility vehicle (SUV) tires, as well as the provision of tire rental services. The Non-Tire segment involves in the transport and storage, mold, bread business. The firm distributes its products in domestic market and overseas markets such as China, America, Europe and Southeast Asia.
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.
