Basanite Inc
OTC:BASA
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During the last 3 months Basanite Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 13% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/otc/basa/vs/indx/gspc">open performance analysis).
The last transaction was made on
May 17, 2021
by
Loricco Ronald Joseph Sr.
, who
bought
300k USD
worth of
BASA shares.
During the last 3 months Basanite Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 13% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/otc/basa/vs/indx/gspc">open performance analysis).
The last transaction was made on
May 17, 2021
by
Loricco Ronald Joseph Sr.
, who
bought
300k USD
worth of
BASA shares.
Basanite Inc
Glance View
Basanite, Inc. engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. The company is headquartered in Pompano Beach, Florida and currently employs 23 full-time employees. The company went IPO on 2009-05-08. The Company’s two other main product lines are BasaMix, which are denier basalt fibers available in various chopped sizes and BasaMesh, a line of Basalt Geogrid Mesh Rolls. BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete, as well as providing an increased toughness for enhanced reinforcement in slab on grade (SOG) and precast elements. BasaMix also serves in a system approach for optimum performance of a concrete element when used in conjunction with its BasaFlex rebar. BasaMesh is designed for secondary and temperature shrinkage reinforcement. BasaMesh can also work in conjunction with the BasaFlex rebar or BasaMix for a total reinforcement program.
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.