
Luminar Technologies Inc
NASDAQ:LAZR

During the last 3 months Luminar Technologies Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 23% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/nasdaq/lazr/vs/indx/gspc">open performance analysis).
The last transaction was made on
Dec 23, 2024
by
Heng Jun Hong
(Managing Director, Asia Pacific)
, who
sold
371.3k USD
worth of LAZR shares.
During the last 3 months Luminar Technologies Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 23% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/nasdaq/lazr/vs/indx/gspc">open performance analysis).
The last transaction was made on
Dec 23, 2024
by
Heng Jun Hong
(Managing Director, Asia Pacific)
, who
sold
371.3k USD
worth of LAZR shares.
Luminar Technologies Inc
Glance View
Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which designs, builds, and sells long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. The company is headquartered in Orlando, Florida and currently employs 500 full-time employees. The company went IPO on 2019-03-25. The firm enables solutions for series production passenger cars and commercial trucks, as well as other targeted markets. The firm operates through two segments: Autonomy Solutions and Components. The Autonomy Solutions segment is engaged in design, manufacturing and selling of lidar sensors, as well as related perception and autonomy enabling software solutions. The segment caters mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Components segment primarily provides designing, testing, consulting services and manufacturing for non-standard integrated circuits and components to various customers, including government agencies and defense contractors generally for purposes unrelated to autonomous vehicles. The firm's products include Hydra, Iris and others.

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.