South Port New Zealand Ltd
NZX:SPN
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We don't have any information about SPN's insider trading.
South Port New Zealand Ltd
Glance View
South Port New Zealand Ltd. engages in the provision of marine and port services. The firm is primarily engaged in the commercial operation of the Port of Bluff. Its operations are carried out in the Southland region. The company provides a range of marine services, cargo and container shipping, and onsite warehousing for domestic and international customers. The company offers full container, break bulk and bulk cargo capability, and services a range of primary cargoes, such as import, including alumina, petroleum products, fertilizer, acid, stock food and cement, and export, including timber, logs, dairy and woodchips. Its land-based operating resource is divided into four primary divisions: dairy warehousing, containers, cool and cold storage, and general cargo. The company provides pilotage, towage, berthage and marine services to international and coastal vessels, including the southern fishing fleet. The company also offers marine plant and equipment, such as Pilot Vessel-Takitimu II, Pilot Ladders, Radio Watches and Bunkering.
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.