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Fortune Rise Acquisition (OTC:FRLA) Stock, Insider Trading Activity
Fortune Rise Acquisition: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Fortune Rise Acquisition Corp Insiders Doing?
At Fortune Rise Acquisition Corp, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 372.00K shares worth $4.28M, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On November 6, 2024, Yakira Capital Management Inc, the company's 10% OWNER sold 372K shares for $11.51 each.
Ownership Statistics for Fortune Rise Acquisition Corp
Shares Outstanding
6.272M
Insider Shares Owned
159.600K
Insider Percentage Owned
2.54%
Institutional Shares Held
851.783K
Institutional Percentage Held
13.6%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.
FRLA Insider Trading News
No news found