Gilat Telecom Global Ltd
TASE:GLTL
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We don't have any information about GLTL's insider trading.
Gilat Telecom Global Ltd
Glance View
Gilat Telecom Global Ltd. engages in providing communication services, mainly through satellite infrastructure. The firm operates international teleports in Europe and the Middle East, hubs/Package on Package (PoPs) in Africa and PoPs in Europe. In addition, it is a shareholder in WIOCC, owner of the Eastern Africa Submarine Cable System (EASSY), and in the West Africa Cable System (WACS), with undersea fiber optic cable systems connecting eastern and western Africa to the rest of the world. The company provides space segments over a number of satellites including Intelsat, Telesat, Hellas Sat, ABS, and SES-NewSkies, among others. Its customers include telecommunication companies, Internet Service Providers (ISPs), governments, enterprise customers and international organizations.
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.
