Today we look at Chorus Aviation Inc. which is up about 15 per cent over the past three months, making it one of the top performing members of the mid-cap oriented INK Canadian Insider Index. The stock took off in late December following the news that the company was launching a regional aircraft leasing subsidiary, Chorus Aviation Capital, with some help from Fairfax Financial which made a $200-million investment. Insiders have spent net $233,174 picking up shares in the public market since the December news.
Disclaimer:
Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.