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 gold stock that has had recent buying activity in the public market reported by the CEO.
Allied Gold Corp. (AAUC-T)
Between Nov. 7-12, chairman and chief executive officer Peter Marrone invested approximately $485,000 in shares of Allied Gold. He acquired a total of 21,550 shares at an average price per share of roughly $22.52, increasing the holdings in this particular account to 5,228,251 shares.
Year-to-date, Allied’s share price has more than doubled in value.
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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.
Fortis Inc. (FTS-T)
On Nov. 7, chief financial officer Jocelyn Perry exercised her options, receiving 25,000 shares at a cost per share of $50.33, and sold 25,000 shares at a price per share of $72.2578, after which this particular account held 27,253 shares. Net proceeds exceeded $548,000, excluding any associated transaction fees.
On the same day, executive vice president of sustainability and chief legal officer Jim Reid exercised his options, receiving 10,000 shares at a cost per share of $47.57, and sold 10,000 shares at a price per share of $72.1012 with 30,246 shares remaining in this particular account. Net proceeds exceeded $245,000, not including any associated transaction charges.
Linamar Corp. (LNR-T)
Between Nov. 11-13, Csaba Havasi, vice president of operations for Linamar Agriculture, sold a total of 9,000 shares at an average price per share of US$55.52, trimming the holdings in this particular account to 78,065 shares. Proceeds from the sales totaled nearly US$500,000 excluding trading fees.
Suncor Energy Inc. (SU-T)
On Nov. 12, executive vice president of downstream Dave Oldreive exercised his options, receiving 4,542 shares at a cost per share of $44.03, and sold 4,542 shares at a price per share of $62, after which this particular account did not hold any shares. Net proceeds totaled more than $81,000, excluding any associated transaction fees.
Previously, we reported chief financial officer Kris Smith exercised his options on Nov. 11, receiving 112,600 shares at a cost per share of $43.01 and sold 112,600 shares at a price per share of $61.74, after which this particular account held 48,482 shares. Net proceeds totaled more than $2.1 million, excluding any associated transaction fees.
Mr. Smith will be retiring on Dec. 31, 2025.
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