Worksport Ltd
NASDAQ:WKSP
During the last 3 months Worksport Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 55% over this period (open performance analysis).
The last transaction was made on
Nov 19, 2024
by
Rossi Steven F.
(Director)
, who
bought
25k USD
worth of WKSP shares.
During the last 3 months Worksport Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 55% over this period (open performance analysis).
The last transaction was made on
Nov 19, 2024
by
Rossi Steven F.
(Director)
, who
bought
25k USD
worth of WKSP shares.
Worksport Ltd
Glance View
Worksport Ltd. designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada. The company is headquartered in Mississauga, Ontario and currently employs 11 full-time employees. The company went IPO on 2001-06-21. The Company, through its subsidiaries, designs, develops, manufactures, and owns the intellectual property (IP) on a variety of tonneau covers, solar integrations, and hydrogen-based, Non-Parasitic (NP) green energy solutions for the renewable, clean energy, and automotive industries. Its Tonneau covers are an aftermarket accessory that provides security and protection for cargo to personal pickup truck owners. The firm is also developing two component system called the TerraVis that consists of a solar tonneau cover and portable core battery. The firm's products include the SC (Soft Cover) SC3, SC3pro and TC (Tough Cover) TC3 lines. The company distributes its tonneau covers through wholesalers and online retail channels in Canada and the United States. The company also provides its tonneau covers for private labels and original equipment manufacturers (OEM).
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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