Pescanova SA
MAD:PVA
We don't have any information about PVA's insider trading.
Pescanova SA
Glance View
Pescanova SA engages in farming, processing, and distribution of fish. The company is headquartered in Redondela, Pontevedra and currently employs 0 full-time employees. The firm comprises the farming, capturing, cleaning, cutting, freezing, processing and packaging onboard factory-ships, as well as the transport, distribution and marketing of a variety of fish products. The Company’s activities are structured in three business areas: Wild Catch, where fish and shellfish are processed and frozen immediately after being caught; Farmed Fish, mainly involved in aquaculture operations and the development of technology for the fishing activities, and Food Products, which offers deep-frozen fish and shellfish products. The firm is a parent of Grupo Pescanova, a group which comprises a number of controlled entities with operations established worldwide. In March 2013, the Company entered bankruptcy proceedings. In December, 2013, the Company completed the sale of a 50% stake in Austral Fisheries Pty Ltd to Maruha Nichiro Seafood Inc.
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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