Jayride Group Ltd
ASX:JAY
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We don't have any information about JAY's insider trading.
Jayride Group Ltd
Glance View
Jayride Group Ltd. engages in providing the travellers the certainty and security of pre-booked transport. The company is headquartered in Sydney, New South Wales. The company went IPO on 2018-01-29. The Company’s platform allows travelers to compare and book airport transfers around the world. The Company’s Jayride.com platform aggregates ride service companies and distributes them to travelers at Jayride.com; and through travel brand partners, including other technology platforms, travel agencies and wholesalers. These travel brands implement Company’s application programming interface (APIs) to sell door to door ride services. Its destinations include Americas, Europe, Middle East, Africa, Asia and the Pacific.
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.