Ridley Corporation Ltd
ASX:RIC
During the last 3 months Ridley Corporation Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 8% over this period (open performance analysis).
The last transaction was made on Apr 3, 2024 by Ms Melanie Susan Laing (Non-Executive Director) , who bought 30k AUD worth of RIC shares.
During the last 3 months Ridley Corporation Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 8% over this period (open performance analysis).
The last transaction was made on Apr 3, 2024 by Ms Melanie Susan Laing (Non-Executive Director) , who bought 30k AUD worth of RIC shares.
Ridley Corporation Ltd
Glance View
Ridley Corp. Ltd. engages in the production and market of stock feed and animal feed supplements. The company is headquartered in Melbourne, Victoria and currently employs 612 full-time employees. The firm operates through two segments: Bulk Stockfeeds and Packaged Feeds and Ingredients. Stockfeeds segment comprises of animal nutrition stockfeed solutions delivered in bulk. Packaged Feeds and Ingredients segment comprises of animal nutrition feed and ingredient solutions delivered in packaged form. Its product range include packaged products, Monogastric Commercial Feeds, Ruminant Commercial Feeds, Aqua Feeds and Rendered Ingredients. The company provides the nutrition feed to a wide range of species , such as horses, chickens , other poultry, working dogs, dairy cattle, beef cattle, sheep, goats, alpacas, llamas, kangaroos and wallabies, guinea pigs, rats, and mice. The firm provides its products under the brand names Ridley, Ridley Endorsed Brands and, other brands. Its services include suppliers, nutrition, and export.
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.
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