FGI Industries Ltd
NASDAQ:FGI
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During the last 3 months FGI Industries Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 24% over this period (open performance analysis).
The last transaction was made on Nov 2, 2022 by Heysse Todd M. , who bought 3.8k USD worth of FGI shares.
During the last 3 months FGI Industries Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 24% over this period (open performance analysis).
The last transaction was made on Nov 2, 2022 by Heysse Todd M. , who bought 3.8k USD worth of FGI shares.
FGI Industries Ltd
Glance View
FGI Industries Ltd. engages in the supply of kitchen and bath products. The company is headquartered in East Hanover, New Jersey and currently employs 136 full-time employees. The company went IPO on 2022-01-25. The firm offers a range of products under three categories, namely Sanitaryware, Bath Furniture and Other. Its product consists of sanitaryware, including primarily toilets, sinks, pedestals and toilet seats; bath furniture, including vanities, mirrors and cabinets; shower systems, custom kitchen cabinetry, and other accessory items. The company offers a range of brands, including Foremost, avenue, contrac, Jetcoat, rosenberg and Covered Bridge Cabinetry. The company also offers products under private label brands, such as Glacier Bay and ProFlo. The firm's products are sold primarily for repair and remodel (R&R) activity and new home or commercial construction. The firm serves its products to various customers, including retail centers, wholesale and commercial distributors, online retailers and specialty stores.
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.
