SSAB AB
STO:SSAB A
During the last 3 months SSAB AB insiders have not bought any shares, and have not sold any shares. The stock price has increased by 23% over this period (open performance analysis).
The last transaction was made on
Oct 23, 2024
by
Johnny Sjöström
(Executive Vice President and Head of SSAB Special Steels)
, who
bought
1 000k SEK
worth of SSAB A shares.
During the last 3 months SSAB AB insiders have not bought any shares, and have not sold any shares. The stock price has increased by 23% over this period (open performance analysis).
The last transaction was made on
Oct 23, 2024
by
Johnny Sjöström
(Executive Vice President and Head of SSAB Special Steels)
, who
bought
1 000k SEK
worth of SSAB A shares.
SSAB AB
Glance View
SSAB AB, a Swedish steelmaker with a rich heritage, has carved a niche for itself in the global steel industry through its focus on high-strength and wear-resistant steels. Founded in 1978 following a merger of three Swedish steel companies, SSAB emerged as a player committed to innovation and quality. Headquartered in Stockholm, the company operates globally with production facilities in Sweden, Finland, and the United States. By prioritizing advanced steel solutions and sustainability, SSAB has positioned itself as a leader in the green transition within heavy industries, emphasizing reduced carbon footprint and increased recyclability of steel products. The company's business thrives on transforming raw materials into specialized steel products used in a myriad of applications, from automotive and construction to mining and energy sectors. Its value proposition lies not just in the volume of steel produced, but in the unique properties and performance of its products. SSAB's Hardox wear plate and Docol high-strength steel are renowned in various industries for their durability and versatility, enabling clients to build lighter, stronger, and more sustainable solutions. By continually investing in research and development, SSAB enhances its ability to cater to evolving market needs and maintain its competitive edge, thereby solidifying its revenue base and fostering long-term growth.
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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