Phoenix Motor Inc
NASDAQ:PEV
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During the last 3 months Phoenix Motor Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on
Sep 26, 2023
by
Edisonfuture, Inc.
, who
sold
12.2m USD
worth of 
PEV shares.
During the last 3 months Phoenix Motor Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on
Sep 26, 2023
by
Edisonfuture, Inc.
, who
sold
12.2m USD
worth of PEV shares.
Phoenix Motor Inc
Glance View
Phoenix Motor Inc is a US-based company operating in Automobiles industry. The company is headquartered in Ontario, California and currently employs 37 full-time employees. The company went IPO on 2022-06-08. Phoenix Motor Inc., doing business as Phoenix Motorcars, is a techno-motive company. The firm through its wholly owned subsidiaries, Phoenix Cars LLC, Phoenix Motorcars Leasing LLC, and EdisonFuture Motor, Inc., designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles (EVs) markets and sells electric vehicle chargers for the commercial and residential markets. Its subsidiary, Phoenix Cars, LLC (PCL,) designs and manufactures advanced zero-emission electric drivetrain systems for integration in medium to heavy-duty commercial fleet vehicles in United States. Phoenix Motorcars Leasing, LLC serves as a sales and leasing dealership for PCL in United States. The firm develops and integrates electric drivetrain into the Ford Econoline Chassis, specifically on the Ford E-450. The company develops light and medium duty commercial electric vehicles for various service and government fleet markets, including city fleets, campuses and municipalities.
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.
