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 an insider.
ATS Corp. (ATS-T)
On Feb. 11, Ryan McLeod invested over $166,000 in shares of ATS. He purchased 4,000 shares at a price per share of $41.5759 for his RRSP, after which this specific account held 5,700 shares.
Mr. McLeod is the company’s former chief financial officer. Effective Feb. 23, he will be the chief financial officer at CAE Inc. (CAE-T).
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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.
K92 Mining Inc. (KNT-T)
On Feb. 9 and 10, director Mark Eaton sold a total of 48,500 shares at an average price per share of approximately $28.18, reducing the holdings in this particular account to 115,305 shares. Proceeds from the sales exceeded $1.3-million, not including commission charges.
Shopify Inc. (SHOP-T)
On Feb. 5, director Gail Goodman exercised her options, receiving 1,200 shares at a cost per share of US$3.972 and sold 1,200 shares at a price per share of US$112.39. Net proceeds totaled more than US$130,000, not including any associated transaction fees. After these transactions, this particular account held 74,746 shares.
Suncor Energy Inc. (SU-T)
On Feb. 5 and 6, chief financial officer Troy Little exercised his options, receiving a total of 13,725 shares at an average cost per share of approximately $51.68, and sold 13,725 shares at an average price per share of roughly $72.72, after which this specific account did not hold any shares. Net proceeds totaled more than $288,000, excluding any associated transaction charges.
On Feb. 6, chief human resources officer and senior vice president of external affairs Adam Albeldawi exercised his options, receiving 5,666 shares at a cost per share of $39.08 and sold 5,666 shares at a price per share of $73.33. Net proceeds totaled more than $194,000, not including any associated transaction fees. After these transactions, this specific account did not hold any shares.
On Feb. 6, executive vice president of downstream Dave Oldreive exercised his options, receiving 5,000 shares at a cost per share of $44.03 and sold 5,000 shares at a price per share of $73. Net proceeds exceeded $144,000, excluding any associated transaction fees. After these transactions, this particular account did not hold any shares.
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