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.
Listed below is a stock that has had recent buying activity in the public market reported by a large shareholder.
MAX Power Mining Corp. (MAXX-CN)
On Jan. 16, Eric Sprott, who has an ownership position exceeding 10 per cent, invested over $492,000 in shares of MAX Power. He purchased 600,500 shares at a price per share of 82.05 cents for an account in which he has indirect ownership (2176423 Ontario Ltd.), after which this specific account held 10,969,818 shares.
MAX Power is a natural hydrogen exploration and development company.
According to the company’s investor presentation published in December, We are at “The start of an entirely new energy boom. At a time when affordability issues are top-of-mind, and demand for energy is higher than ever, in part due to the growth of AI, data centers and the crypto sector, Natural Hydrogen’s moment has arrived.”
Year-to-date, the share price is up 48 per cent.
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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.
Dollarama Inc. (DOL-T)
On Jan. 13, director Huw Thomas sold 20,000 shares at a price per share of $201.41, trimming the holdings in this particular account to 2,000 shares. Proceeds from the sale exceeded $400,000, not including commission charges.
Ivanhoe Mines Ltd. (IVN-T)
On Jan. 13, director Peter Meredith sold 16,559 shares at an average price per share of roughly $16.43 with 838,156 shares remaining in this particular account. Proceeds of the sale totaled more than $272,000, excluding trading fees.
Taseko Mines Ltd. (TKO-T)
On Jan. 7 and 8, director Robert Dickinson exercised his options, receiving 65,767 shares at an average cost per share of approximately $2.17 and sold 65,767 shares at a price per share of $8.029. Net proceeds totaled more than $385,000, not including any associated transaction fees. After these transactions, this particular account did not hold any shares.
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