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 two stocks that have had recent buying activity in the public market reported by insiders.
Element Fleet Management Corp. (EFN-T)
On June 16, president and chief executive officer Laura Dottori-Attanasio invested $1-million in shares of Element. She acquired 35,800 shares at a price per share of $27.9407, increasing the holdings in this particular account to 397,600 shares.
Endeavour Silver Corp. (EDR-T)
On June 9, director Ken Pickering bought 20,000 shares at a cost per share of $10.7996, lifting the holdings in this particular account to 25,000 shares. The cost of this purchase exceeded $215,000.
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Listed below are two stocks that have had recent selling activity in the public market reported by insiders.
Great-West Lifeco Inc. (GWO-T)
On June 16, Edmund Murphy exercised his options, receiving 40,000 shares at a cost per share of $36.8692, and sold 40,000 shares at a price per share of $86.2003, after which 8,784 shares remained in this particular account. Net proceeds totaled nearly $2-million, not including any associated transaction charges.
Mr. Murphy is president and chief executive officer of Empower, a subsidiary of Great-West Lifeco.
Toronto-Dominion Bank (TD-T)
On June 11, Paul Clark, group head of wealth management and TD Insurance, exercised his options, receiving 27,649 shares at a cost per share of $95.33, and sold 27,649 shares at a price per share of $161.22, after which 260 shares remained in this particular account. Net proceeds exceeded $1.8-million, excluding any associated transaction fees.