14 companies insiders are buying and selling

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Featured below are 14 companies that have experienced recent insider buying and selling activity in the public market through their direct and indirect ownerships.

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.

Let's begin the report detailing companies with buying activity.

Badger Daylighting Ltd. (BAD-T)

With the share price plunging in recent days, several insiders are using this price weakness as a buying opportunity.

President and chief executive officer Paul Vanderberg accumulated 10,000 shares on May 16, increasing his portfolio's position to 35,000 shares.

On May 18, Glen Roane, who sits on the board of directors, purchased 10,000 shares at an average price per share of $22.35, and also bought 10,000 shares on May 16. These two trades lifted his portfolio's holdings to 50,700 shares.

Fellow board member Grant Billing accumulated 5,000 shares on May 18, in addition to his purchase of 5,000 shares on May 16. Following these transactions, his portfolio's position stood at 15,000 shares.

Also, board member Garry Mihaichuk bought 5,000 shares at an average price per share of $23.65 on May 16, raising his portfolio's holdings to 9,209 shares.

Canadian Tire Corporation Ltd. (CTC.A-T)

Executive vice-president Jim Christie purchased 1,000 shares at an average price per share of $157.99 on May 15, increasing his portfolio's position to 4,500 shares.

Chemtrade Logistics Income Fund (CHE.UN-T)

On May 12, the chief financial officer Rohit Bhardwaj accumulated 10,000 units at an average price per unit of $18.24. This transaction raised his portfolio's position to 60,000 units.

Cominar Real Estate Investment Trust (CUF.UN-T)

Last week, three insiders acquired units in the public market.

Chief financial officer Gilles Hamel bought 7,600 units at an average price per unit of $13.17 on May 18, increasing his portfolio's position to 37,113 units. The prior day, Michael Dallaire, the trust's chief executive officer and chairman of the board of trustees, purchased 26,000 units, and Luc Bachand, who sits on the board of trustees, accumulated 2,000 units at an average price per unit of $13.13, lifting his portfolio's holdings to 6,700 units.

Enercare Inc. (ECI-T)

Insiders have been accumulating shares on recent price weakness.

Notably, chief executive officer John Macdonald purchased 2,220 shares on May 16.

Chief financial officer Evelyn Sutherland bought 5,000 shares at an average price per share of $18.10 on May 17 and purchased 5,000 shares at a price of $18.50 per share the prior day. After these two transactions, her portfolio's holdings jumped to 18,675 shares.

On May 16, Scott Boxer, president and chief executive officer of Service Experts LLC, acquired 2,170 shares at an average price per share of $18.58, increasing his holdings to 104,000 shares. Jerry Patava, who sits on the board of directors, added 2,000 shares to his holdings on May 17, and bought 500 shares the previous day. These transactions lifted his holdings to 22,500 shares.

Finning International Inc. (FTT-T)

On May 12, treasurer Greg Palaschuk purchased 4,000 shares at an average price per share of $26.8004, raising his holdings to 11,154 shares.

High Arctic Energy Services Inc. (HWO-T)

On May 16, board member Joe Oliver accumulated 20,000 shares at an average price per share of $5.13, initiating a share position.

MacDonald, Dettwiler and Associates Ltd. (MDA-T)

Chief financial officer Anil Wirasekara purchased 3,100 shares at an average price per share of $62.8758 on May 18. This transaction increased his holdings to 17,049 shares.

Stantec Inc. (STN-T)

The company's chief business officer Tino DiManno purchased 2,500 shares at an average price per share of $31.55 on May 17, increasing his portfolio's holdings to 18,848 shares. The prior day, Donald Lowry, who sits on the board of directors, bought 7,500 shares.

Westshore Terminals Investment Corp. (WTE-T)

On May 12, Jim Pattison, with an ownership position of over 10 per cent, continued to accumulate shares of Westshore Terminals, buying 5,000 shares at an average price per share of $20.7127.

Last week, we reported that Mr. Pattison made four recent purchases, acquiring 80,000 shares at an average price per share of $22.70 on May 9, 166,000 shares at $22.7348 on May 8, 163,400 shares at $23.0449 on May 5, and bought 315,200 shares at $23.1185 on May 4.

Companies with recent insider selling activity include:

Brookfield Asset Management Inc. (BAM.A-T)

On May 15, Jack Cockwell, who sits on the board of directors, sold 121,993 shares at an average price per share of $52.7943. Following this transaction, his portfolio position remained significant at 15,650,231 shares.

DIRTT Environmental Solutions Ltd. (DRT-T)

On May 12, Barrie Loberg, vice-president of software development, sold 59,500 shares at an average price per share of $6.30, reducing his portfolio's holdings to 276,103 shares.

Kinaxis Inc. (KXS-T)

Kinaxis has been a stellar stock for shareholders in 2017. Insiders have been trimming their positions, locking in their gains.

On May 16, John Sicard, the president and chief executive officer, sold 5,400 shares at an average price per share of $86, trimming his portfolio's position to 75,889 shares. That same day, Richard Monkman, the chief financial officer, sold 15,000 shares at an average price per share of $86.7688.

Last week, we reported that Douglas Colbeth, the chairman of the board of directors and the former president and chief executive officer of the company, sold 48,400 shares at an average price per share of $85.8564 on May 10. The prior day, Mr. Colbeth sold 1,600 shares at an average price per share of $85.85.

John Sicard sold 500 shares on May 12 at an average price per share of $86.40 and divested 1,600 shares at an average price per share of $86.40 on May 9. Post these two sales, his portfolio held 81,289 shares.

Gelu Ticala, vice-president of product development, exercised his options on May 8, and subsequently sold the corresponding number of shares, 15,125 shares, the following day, eliminating his portfolio's position.

Randy Erwin, executive vice-president of North American and EMEA sales, exercised his options on May 9, and sold the corresponding number of shares, 2,900 shares, in the public market the same day at an average price per share of $85.8759. Post this transaction , his portfolio held just 70 shares.

Kinross Gold Corp. (K-T)

On May 15, Claude Schimper, regional vice-president of the company's Russian operations, sold 14,500 shares at an average price per share of $5.69, reducing his portfolio's holdings to 61,066 shares.

Last week, we reported that John Brough, who sits on the board of directors, sold 13,796 shares at an average price per share of $4.98 on May 5, eliminating his portfolio's position.