Universal Stainless & Alloy Products Inc
NASDAQ:USAP
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During the last 3 months Universal Stainless & Alloy Products Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on
Nov 6, 2024
by
Mcintosh Graham
, who
sold
221.4k USD
worth of 
USAP shares.
During the last 3 months Universal Stainless & Alloy Products Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on
Nov 6, 2024
by
Mcintosh Graham
, who
sold
221.4k USD
worth of USAP shares.
Universal Stainless & Alloy Products Inc
Glance View
Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel, and certain other premium alloyed steels. The company is headquartered in Bridgeville, Pennsylvania and currently employs 558 full-time employees. Its manufacturing process involves melting, remelting, heat treating, hot and cold, rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. The company produces a range of specialty steel grades using several manufacturing processes, including vacuum induction melting (VIM), vacuum-arc remelting (VAR), electro-slag remelting (ESR) and argon oxygen decarburization (AOD). Its products are sold to service centers, forgers, and original equipment manufacturers (OEMs). Its customers process its products for use in a variety of industries, including power generation, oil and gas, heavy equipment, and general industrial markets. The company also performs conversion services on materials supplied by customers.
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.
