Energy Recovery Inc
SWB:5E2
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Wakefit Innovations Ltd
NSE:WAKEFIT
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New York Times Co
XMUN:NYT
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We don't have any information about Energy Recovery Inc's insider trading.
Energy Recovery Inc
Glance View
Energy Recovery makes equipment that captures and reuses pressure energy in industrial systems. Its best-known products are pressure exchangers used in seawater desalination plants, where they help lower the energy needed to turn seawater into freshwater. The company also sells energy recovery devices for other high-pressure fluid processes, including industrial wastewater treatment and oil and gas applications. Its main customers are desalination plant builders and operators, industrial processors, and engineering firms that design large fluid-handling systems. Energy Recovery earns money by selling its hardware, replacement parts, and related service support. In this business, the value is in reducing power use and operating cost for customers that run energy-intensive processes. What makes the company different is that it sits at a narrow but important point in the infrastructure chain: it is not a full plant builder, but a specialist supplier of efficiency-critical components. That means its products are often chosen early in a project design because they can materially affect a plant’s long-term energy bill and operating economics.
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.