Facedrive Inc
XTSX:FD
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We don't have any information about FD's insider trading.
Facedrive Inc
Glance View
Facedrive, Inc. engages in the provision of sustainable products and solutions. The company is headquartered in Scarborough Ontario, Ontario. The company went IPO on 2018-05-30. The firm is offers socially responsible services to local communities. The firm provides Facedrive Verticals, Facedrive Rideshare, Facedrive Marketplace, Facedrive Foods, Facedrive Social, and Facedrive Health solutions. Its Facedrive Rideshare offers environmentally and socially responsible solutions in the Transportation as a Service (TaaS) space. Facedrive Marketplace offers curated merchandise created from sustainably sourced materials. Facedrive Foods offers contactless delivery of foods right to consumers’ doorsteps. Facedrive Social keeps people connected in a physically distanced world through its HiQ and other e-socialization platforms. Facedrive Health offer technological solutions to the health challenges including its TraceSCAN wearable technology for contact tracing. Facedrive is a food delivery, e-commerce, social and health and it is operational in Canada and the United States.
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.
