Trustpilot Group PLC
LSE:TRST
We don't have any information about TRST's insider trading.
Trustpilot Group PLC
Glance View
Trustpilot Group PLC, founded by Danish entrepreneur Peter Holten Mühlmann in 2007, has grown into a formidable player in the field of online business reviews. With its headquarters nestled in Copenhagen, the company has established itself as an essential intermediary between consumers and businesses across the globe. Trustpilot's platform is a bastion of transparency, allowing users to leave reviews about their experiences with various companies, ranging from local eateries to international conglomerates. This dynamic ecosystem not only empowers consumers to make informed decisions but also provides businesses with vital feedback to improve their services and products. The company derives its revenue predominantly through a subscription-based model, offering businesses different tiers of services. These services include advanced analytics, detailed consumer insights, and tools for engaging with customers. Business clients have the option to leverage Trustpilot's vast repository of reviews to bolster their credibility and presence in the digital marketplace. While access to basic reviews is free for consumers, businesses pay for more intricate features that facilitate customer relationship management and reputation enhancement. By monetizing these value-added services, Trustpilot not only secures its financial foundation but also maintains a potent feedback loop that continually refreshes its review ecosystem. This dual-side engagement is at the heart of Trustpilot’s sustainable business model, ensuring it remains relevant and robust in the evolving landscape of digital reviews.
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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