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 are three securities that have had recent buying activity in the public market reported by insiders.
Constellation Software Inc. (CSU-T)
On April 13, Brian Beattie invested over $605,000 in shares of Constellation Software. He purchased 254 shares at a price per share of $2,385.47, after which this specific account held 23,033 shares.
Mr. Beattie is the chief operating officer and chief financial officer at Volaris Group, an operating group of Constellation Software.
Year-to-date, the share price is approximately 27 per cent.
Dollarama Inc. (DOL-T)
On April 15, chief financial officer Patrick Bui acquired 1,145 shares at a cost per share of $174.56, initiating a position in this specific account. The cost of this purchase totaled approximately $200,000, not including trading fees.
Year-to-date, the share price is down over 17 per cent.
Mattr Corp. (MATR-T)
Between April 22-24, Elizabeth Kernaghan, with an ownership position exceeding 10 per cent, purchased a total of 10,100 shares at an average price per share of approximately $9.43, increasing the holdings in this particular account to 80,600 shares. The cost of these purchases totaled over $95,000, excluding trading fees.
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Listed below is a stock that has had recent selling activity in the public market reported by an insider.
Aris Mining Corp. (ARIS-T)
On April 13, chief legal officer Ashley Baker exercised her options, receiving 10,000 shares at a cost per share of $4.09, and sold 10,000 shares at a price per share of $28.30, after which this specific account held did not hold any shares. Net proceeds totaled more than $242,000, excluding any associated transaction charges.