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With key operations on both sides of the Canada-U.S. border, the shares of aerospace and defense products maker Firan Technology Group Corporation FTG-T took it on the chin after trade talks between the two countries broke down in late August. Since Aug. 24, three Firan Technology insiders have been willing to bet the stock’s pullback offered a buying opportunity. The three acquired a total of 2,935 shares at an average price of $19.40. The biggest buyer was CFO Drew Knight, who bought 1,500 shares at $18.97.
Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.