Naas Technology Inc
NASDAQ:NAAS
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We don't have any information about NAAS's insider trading.
Naas Technology Inc
Glance View
Naas Technology Inc is a CN-based company operating in Diversified Consumer Services industry. The company is headquartered in Beijing, Beijing. The company went IPO on 2017-10-20. Naas Technology Inc, formerly RISE Education Cayman Ltd, is a holding company. The Company, through its subsidiaries, offers after-school English teaching and tutoring services to students aged three to 18. The firm operates in China’s junior English Language Training (ELT) market. Its offers three flagship courses, including Rise Start, Rise On and Rise Up, that are designed for students aged three to six, seven to twelve and 13 to 18, respectively. In addition to its flagship courses, the Company also offers short-term programs to its existing students as complementary services to its flagship courses.
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.