Compagnie Generale des Etablissements Michelin SCA
PAR:ML
During the last 3 months Compagnie Generale des Etablissements Michelin SCA insiders have not bought any shares, and have not sold any shares. The stock price has increased by 1% over this period (open performance analysis).
The last transaction was made on
Jan 20, 2021
by
Jean-Michel Severino
, who
bought
44.3k EUR
worth of 
ML shares.
During the last 3 months Compagnie Generale des Etablissements Michelin SCA insiders have not bought any shares, and have not sold any shares. The stock price has increased by 1% over this period (open performance analysis).
The last transaction was made on
Jan 20, 2021
by
Jean-Michel Severino
, who
bought
44.3k EUR
worth of ML shares.
Compagnie Generale des Etablissements Michelin SCA
Glance View
Compagnie Générale des Établissements Michelin SCA, commonly known as Michelin, has its roots deeply embedded in the history of innovation and industry. Founded in 1889 by the Michelin brothers, André and Édouard, in Clermont-Ferrand, France, the company navigated the industrial advancements of the 19th and 20th centuries to become a giant in the tire manufacturing world. Their journey is characterised by an unyielding focus on quality and innovation, with the iconic radial tire invention marking a pivotal technological advancement, revolutionizing the global tire industry in the late 1940s. Today, Michelin is not just a tire company; it represents a brand synonymous with mobility and safety, offering a diverse range of products from tires for private cars, trucks, and earthmovers, to specialty tires for space shuttles and aircraft. The heartbeat of Michelin's business operation is innovation and efficiency, guided by a strategic focus on sustainable solutions. Michelin makes money by manufacturing and selling auto and truck tires in over 170 countries, effectively using its expansive distribution network. Additionally, it generates revenue through related services such as repair, maintenance, and the Michelin Travel Guide known for its prestigious restaurant and hotel star awards which indirectly strengthens its brand equity. At the core of its profitability lies the pursuit of technological advancements, environmentally-friendly products, and maintaining a competitive edge through continuous R&D investments. This balanced approach ensures Michelin sustains its market leadership while crafting roads to the future of transportation and mobility, underscoring a storied tradition of excellence and forward-thinking.
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.
