Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.
The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts.
Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company’s shares or units.
Let’s begin the report featuring two stocks that have had recent insider buying activity.
Osisko Metals Inc. (OM-X)
In a relatively small transaction, on June 13, chairman Robert Wares purchased 30,000 shares at an average price per share of approximately 54 cents, raising his account’s holdings to 5,589,067 shares.
Osisko Mining Inc. (OSK-T)
Between June 8 and June 13, President and Chief Executive Officer John Burzynski purchased a total of 55,000 shares for two accounts. He bought 10,000 shares at a cost per share of $2.099 for his personal account and 45,000 shares for an account in which he has control or direction over (Archean Capital Corp.).
On June 8, Robert Wares, Executive Vice-President - Exploration and Resource Development, acquired 10,000 shares at a price per share of $2.11, increasing his portfolio’s holdings to 868,385 shares.
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The following two stocks have had recent insider selling activity.
Agnico-Eagle Mines Limited (AEM-T)
On June 12, Alain Blackburn, Senior Vice-President – Exploration, exercised his options, receiving 5,000 shares, and sold 8,900 shares at an average price per share of approximately $58.95, leaving an account balance of 9,452 shares.
The prior day, Marc Legault, Senior Vice-President of Operations – U.S.A. and Latin America, exercised his options and sold the corresponding number of shares (8,750) at a price per share of $58.03 with 39,614 shares remaining in his portfolio.
Nutrien Ltd. (NTR-T)
On June 12, Chief Integration Officer Steve Douglas sold 15,000 shares at a price per share of $68.6324, reducing his portfolio’s position to 25,000 shares.