Leggett & Platt Inc
NYSE:LEG
During the last 3 months Leggett & Platt Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 17% over this period (open performance analysis).
The last transaction was made on
Jun 6, 2024
by
Burns Benjamin Michael
(Senior Vice President and Chief Human Resources Officer)
, who
bought
47k USD
worth of LEG shares.
During the last 3 months Leggett & Platt Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 17% over this period (open performance analysis).
The last transaction was made on
Jun 6, 2024
by
Burns Benjamin Michael
(Senior Vice President and Chief Human Resources Officer)
, who
bought
47k USD
worth of LEG shares.
Leggett & Platt Inc
Glance View
Leggett & Platt Inc. embodies the ingenuity of American manufacturing, weaving its storied history into the fabric of everyday life. Founded in 1883 by J.P. Leggett and C.B. Platt in Carthage, Missouri, the company originally launched with a focus on bedding components. This dedication to a simple design—initially an innovative bedspring—has blossomed over more than a century into a vast product empire. Today, Leggett & Platt operates through multiple segments, including Bedding Products, Furniture Products, and Specialized Products, serving both households and businesses worldwide. The company leverages its deep expertise in engineering and design, applying it to a myriad of applications that range from car seat mechanisms to steel drawn wires, thereby ensuring it remains deeply interwoven into multiple consumer and industrial markets. The genius of Leggett & Platt lies in its ability to generate revenues by anchoring its operations in essential, often unseen components that power products across various industries. Despite their presence in niche markets, the company cleverly capitalizes on the volume-driven nature of these sectors. By introducing innovations and maintaining robust partnerships with manufacturers and retailers, Leggett & Platt ensures continuous demand for its products. By placing high value on operational efficiency and diverse geographic presence, they secure a steady cash flow. Their unassuming components may not gain individual recognition, but by being integral to the construction of goods people use daily—like furniture and automobiles—Leggett & Platt reaffirms its position as a silent giant of the manufacturing world.
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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