SmartDrive Inc
TSE:5137
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We don't have any information about SmartDrive Inc's insider trading.
SmartDrive Inc
Glance View
SmartDrive, Inc. engages in the provision of services using mobility data. The company is headquartered in Chiyoda-Ku, Tokyo-To and currently employs 74 full-time employees. The company went IPO on 2022-12-15. The firm operates three services and businesses: domestic fleet operator business (domestic FO business), domestic asset owner business (domestic AO business), and overseas mobility digital transformation (DX) business. Domestic FO business mainly provides SmartDrive Fleet (cloud-based fleet management service for corporate customers) and other optional services. Domestic AO business is engaged in the provision of original equipment manufacturing (OEM), proof of concept (POC) and research and development (R&D) support for SmartDrive Fleet for partner companies. The overseas mobility DX business develops each service in Japan for the Southeast Asian market.
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.
