Armstrong Flooring Inc
OTC:AFIIQ
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During the last 3 months Armstrong Flooring Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on
May 2, 2022
by
22Nw Fund, Lp
, who
sold
1.2m USD
worth of
AFIIQ shares.
During the last 3 months Armstrong Flooring Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on
May 2, 2022
by
22Nw Fund, Lp
, who
sold
1.2m USD
worth of
AFIIQ shares.
Armstrong Flooring Inc
Glance View
Armstrong Flooring, Inc. engages in the production of flooring products. The company is headquartered in Lancaster, Pennsylvania and currently employs 1,568 full-time employees. The company went IPO on 2016-03-17. The firm designs, manufactures, sources, and sells flooring products primarily in North America and the Pacific Rim. Its products include Luxury vinyl tile (LVT), Vinyl composition tile (VCT), and Vinyl sheet. Its LVT offers a range of installation options for the professional and do-it-yourself installer with installation. Its VCT is a flooring material composed of polyvinylchloride (PVC) chips formed into solid sheets and cut into modular shapes, which is primarily used in commercial environments. Its Vinyl sheet is a resilient flooring product that comes in roll that it cut to size. The company produces and sells Vinyl sheet product for both residential and commercial market. The company sells products to independent wholesale flooring distributors and specialty retailers. The company operates over seven manufacturing plants.
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.