Roots Corp
TSX:ROOT
We don't have any information about ROOT's insider trading.
Roots Corp
Glance View
Roots Corp. engages in the provision of leather goods, apparel, and accessories. The company is headquartered in Toronto, Ontario and currently employs 2,044 full-time employees. The company went IPO on 2017-10-24. The firm offers a range of products, including women’s and men’s apparel, leather goods, footwear, accessories, and kids, toddler and baby apparel. The Company’s segments include Direct-to-Consumer and Partners and Other segment. The Direct-to-Consumer segment comprises sales through corporate retail stores and electronic commerce. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner and the royalties earned on the retail sales of Roots-branded products by its partner. The firm operates approximately 100 retail stores across Canada, two in the United States and ship to more than 60 countries worldwide through its roots.com, the Company's electronic Commerce platform. The company also has approximately 100 partner operated stores and sell its products through third-party retail sites in Asia.
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.
