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 REIT with recent buying activity in the public market reported by an insider.
Killam Apartment Real Estate Investment Trust (KMP-UN-T)
On Sept. 25, Manfred Walt, who sits on the board of trustees, invested $177,000 in units of Killam. He purchased 10,000 units at an average price per unit of $17.70, increasing the holdings in this particular account to 185,267 units.
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Listed below are three stocks with recent selling activity in the public market reported by insiders.
Eldorado Gold Corp. (ELD-T)
On Sept. 25, vice president of operational support Jaime Awmack exercised her options, receiving a total of 20,552 shares at an average cost per share of approximately $14.32, and sold 20,552 shares at a price per share of $39.938, after which this particular account did not hold any shares. Net proceeds totaled more than $526,000, excluding any associated transaction fees.
Previously, we reported senior vice president of operations Niklas Frank exercised his options, receiving 23,167 shares at a cost per share of $11.90, and sold 23,167 shares at a price per share of $39.4385 with 11,001 shares remaining in this particular account on Sept. 23. Net proceeds exceeded $637,000, excluding any associated transaction charges.
Taseko Mines Ltd. (TKO-T)
On Sept. 25, chief financial officer Bryce Hamming exercised his options, receiving 90,000 shares at a cost per share of $1.58, and sold 90,000 shares at a price per share of $5.54, leaving 242,850 shares in this particular account. Net proceeds exceeded $356,000, excluding any associated transaction charges.
TC Energy Corp. (TRP-T)
On Sept. 25, president, chief executive officer and director François Poirier exercised his options, receiving 100,000 shares at a cost per share of $53.97, and sold 100,000 shares at a price per share of $74.5029 with 113,550 shares remaining in this particular account. Net proceeds exceeded $2 million, not including any associated transaction fees.
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