Absolute Software has built its business on helping laptop owners protect their data and recover stolen equipment. The wait for Windows 8 put a drag on overall computer sales, and consequently hurt Absolute. With the new version of Windows finally here, insiders at Absolute seem upbeat. Since Nov. 8, CEO John Richard Livingston has bought 333,200 shares in the public market at an average price of $4.49. Earlier this month, COO Robert George Chase bought 13,900 shares and CFO Errol Olsen bought 7,000.
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.