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 security that has had recent buying activity in the public market reported by an insider.
Automotive Properties REIT (APR-UN-T)
Between March 10-17, chair of the board of trustees Kap Dilawri invested over $579,000 in units of this REIT. He acquired a total of 57,400 units at an average price per unit of roughly $10.10, lifting the holdings in this particular account to 259,400 units.
The REIT pays its unitholders a monthly distribution of 6.7 cents per REIT unit or 80.4 cents per unit yearly, equating to a current annualized yield of approximately 7.8 per cent.
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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.
First Quantum Minerals Ltd. (FM-T)
On March 18, director of projects Zenon Wozniak divested 40,000 shares at a price per share of $21.11, reducing this particular account’s position to 99,161 shares. Proceeds from the sale exceeded $844,000, excluding commission charges.
Parkland Corp. (PKI-T)
Between March 14-17, Darren Smart, exercised his options, receiving 15,000 shares at a cost per share of $29.892, and sold 15,000 shares at an average price per share of approximately $36.49, after which 46,030 shares remained in this particular account. Net proceeds exceeded $99,000, excluding any associated transaction charges.
Mr. Smart is president of On The Run Charging, the company’s EV charging business.
Toromont Industries Ltd. (TIH-T)
On March 17, vice president of finance Jennifer Cochrane exercised her options, receiving 5,000 shares at a cost per share of $36.65, and sold 5,000 shares at a price per share of $115, after which 12,012 shares remained in this particular account. Net proceeds totaled more than $391,000, excluding any associated transaction fees.
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