iPower Inc
NASDAQ:IPW
During the last 3 months iPower Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 86% over this period (open performance analysis).
The last transaction was made on
Nov 26, 2024
by
Tan Chenlong
, who
bought
6.9k USD
worth of 
IPW shares.
During the last 3 months iPower Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 86% over this period (open performance analysis).
The last transaction was made on
Nov 26, 2024
by
Tan Chenlong
, who
bought
6.9k USD
worth of IPW shares.
iPower Inc
Glance View
iPower, Inc. engages in the online retail and supply of hydroponic equipment. The company is headquartered in Duarte, California and currently employs 21 full-time employees. The company went IPO on 2021-05-12. The firm owns and operates the retail Website www.zenhydro.com where it sells more than 23,000 stock keeping units (SKUs) and multiple products, which enable customers to grow vegetables, fruits and flowers, and other plants, including cannabis. The company leases more than 72,000 square feet of floor area space across two fulfillment centers just outside of Los Angeles, California. The firm also sells its products through third party distribution channels including Amazon, eBay and Walmart. The firm offers approximately 3,000 private label products that are marketed under the iPower and Simple Deluxe brands, which includes heating, ventilation, and air conditioning (HVAC) exhaust blowers, cubic feet per minute (CFM) duct inline fans with carbon filters and hydroponic water-resistant grow tents, grow light systems, trimming machines, pumps and many more hydroponic-related items.
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.
