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 the CEO.
Tourmaline Oil Corp. (TOU-T)
On March 6, chairman, president and chief executive officer Mike Rose invested over $623,000 in shares of Tourmaline. He purchased 10,000 shares at a price per share of $62.3186, after which this specific account held 8,052,678 shares.
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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.
5N Plus Inc. (VNP-T)
On March 2, director Jean-Marie Bourassa sold 947,100 shares at an average price per share of roughly $30.21. Proceeds from the sale totaled more than $28 million, excluding trading fees. After this transaction, this particular account held 273,800 shares.
Mr. Bourassa is the former chief financial officer of Savaria Corp. (SIS-T).
Agnico Eagle Mines Ltd. (AEM-T)
On March 6, Natasha Vaz, executive vice president, chief operating officer – Ontario, Australia and Mexico, sold 5,000 shares at a price per share of $301.35, reducing the holdings in this particular account to 11,220 shares. Proceeds from the sale exceeded $1.5 million, excluding commission charges.
Taseko Mines Ltd. (TKO-T)
On March 2, corporate secretary Trevor Thomas exercised his options, receiving 72,000 shares at an average cost per share of approximately $3.64, and sold 72,000 shares at a price per share of $11.93, after which this specific account held 120,000 shares. Net proceeds totaled more than $596,000, excluding any associated transaction charges.