Edda Wind ASA
OSE:EWIND
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We don't have any information about EWIND's insider trading.
Edda Wind ASA
Glance View
Edda Wind ASA owns and operates service operation vessels. The company is headquartered in Haugesund, Rogaland. The company went IPO on 2021-11-26. The firm develops, builds, owns and operates purpose-built Service Operation Vessels (SOV) and Commissioning Service Operation Vessels (CSOV) for offshore wind farms worldwide. The vessels accommodate wind turbine technicians and provide services during the commissioning and operation of offshore wind farms. Edda Wind owns and operates two vessels working for Oersted, and operates one chartered frontrunner for a long term contract with Ocean Breeze. In addition, there is a newbuild program of two SOVs and four CSOVs, of which two SOVs and two CSOVs are committed on mid- to long term contracts with Vestas, Ocean Breeze, Siemens Gamesa and SSE.
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.