Getlink SE
PAR:GET
During the last 3 months Getlink SE insiders have not bought any shares, and have not sold any shares. The stock price has increased by 9% over this period ( loading = false, 5000)" href="https://new.alphaspread.com/comparison/par/get/vs/indx/gdaxi">open performance analysis).
The last transaction was made on
May 16, 2023
by
Benoit De Ruffray
, who
bought
33.7k EUR
worth of
GET shares.
During the last 3 months Getlink SE insiders have not bought any shares, and have not sold any shares. The stock price has increased by 9% over this period ( loading = false, 5000)" href="https://new.alphaspread.com/comparison/par/get/vs/indx/gdaxi">open performance analysis).
The last transaction was made on
May 16, 2023
by
Benoit De Ruffray
, who
bought
33.7k EUR
worth of
GET shares.
Getlink SE
Glance View
Getlink SE, previously known as Groupe Eurotunnel, is an integral player in the infrastructure and transportation sector, primarily recognized for its operation of the Channel Tunnel. This ambitious engineering marvel connects the United Kingdom and France, providing a lifeline across the English Channel. The company generates revenue by facilitating the seamless transit of passenger and freight trains beneath the water via its Eurotunnel Shuttle service, which encompasses both passenger and freight transport with a robust, reliable service that has become crucial for businesses and travelers alike. The shuttles handle substantial volumes annually, charging fees for passage, contributing a significant portion to Getlink's revenue stream. Moreover, Getlink licenses access to the Channel Tunnel to other railway operators, like Eurostar, broadening its revenue base. Beyond its core tunnel operations, Getlink has diversified to include other transportation and rail-related services, enhancing its financial stability and growth potential. One prominent venture is its equity stake in ElecLink, a project designed to construct and operate an electricity interconnector between Great Britain and France, leveraging the geographical positioning of the Channel Tunnel infrastructure. This venture is aimed at tapping into the burgeoning energy market by facilitating cross-border electricity trading. Furthermore, Getlink invests in maintaining and upgrading its infrastructure, ensuring safety and efficiency remain paramount, thus fortifying its standing as a critical player in the European transportation network. Through strategic operational expansions and a commitment to technological advancement, Getlink SE continues to play a vital role in connecting economies and facilitating trade across the continent.
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.