Putra Mandiri Jembar Tbk PT
IDX:PMJS
We don't have any information about PMJS's insider trading.
Putra Mandiri Jembar Tbk PT
Glance View
PT Putra Mandiri Jembar Tbk is a holding company with interests in the automotive industry. The company is headquartered in Jakarta, Dki Jakarta and currently employs 2,038 full-time employees. The company went IPO on 2019-12-18. The firm invests in the field of trade, official dealers and services related to motor vehicles including repair and maintenance services, vehicle rental and automotive market platforms. The company has approximately 46 Mitsubishi dealer showrooms, one Mercedes-Benz dealer showroom and two Nissan and Datsun dealer showrooms, which are located in 32 cities and 11 provinces spread across Sumatera, DKI Jakarta, Java and Kalimantan, which provides four-wheeled motor vehicle sales services and services after sales. The Company, through its subsidiary, PT Mobilku Dotcom Sejahtera (MDS), is engaged in selling of used cars from various brands through the automotive market platform namely Mobilku.com. The Company, through its subsidiaries, also offers land and building rental services. Its subsidiaries also include PT Dipo Internasional Pahala Otomotif, PT Dipo Angkasa Motor and PT Global Pahala Rental.
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.