Sinch AB (publ)
STO:SINCH
During the last 3 months Sinch AB (publ) insiders have not bought any shares, and have not sold any shares. The stock price has increased by 4% over this period (open performance analysis).
The last transaction was made on
Sep 30, 2024
by
Jonathan Bean
(Chief Marketing Officer)
, who
sold
947.4k SEK
worth of SINCH shares.
During the last 3 months Sinch AB (publ) insiders have not bought any shares, and have not sold any shares. The stock price has increased by 4% over this period (open performance analysis).
The last transaction was made on
Sep 30, 2024
by
Jonathan Bean
(Chief Marketing Officer)
, who
sold
947.4k SEK
worth of SINCH shares.
Sinch AB (publ)
Glance View
Founded in the bustling tech scene of Stockholm, Sinch AB has grown into a formidable player in the cloud communications space. The company emerged from the idea that communication could be vastly improved through the seamless integration of technology with traditional messaging systems. Sinch enables businesses to incorporate voice, video, and messaging services into their existing operations by providing robust APIs and communications platforms. From multinational conglomerates to nimble startups, companies rely on Sinch’s solutions to enhance customer engagement, streamline communication processes, and adhere to the latest in data privacy regulations. Sinch generates revenue by providing its innovative cloud-based communication services to businesses across various sectors, including retail, finance, and healthcare. By allowing businesses to reach their customers on mobile devices through SMS, email, and other messaging formats, Sinch capitalizes on the global shift towards mobile-first communication strategies. Additionally, Sinch earns through strategic acquisitions, continually expanding its suite of services and geographical reach to reinforce its market position and drive growth. Its focus on scalability and flexibility positions Sinch as a key player in the digital transformation journey of businesses, tapping into the lucrative market of customer communication management.
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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