We return to AltaGas Ltd., which we wrote about in April, 2011.
At the time, AltaGas directors were buying through the public market and options. When insiders exercise options and do not sell all their stock, we interpret that as a positive sign.
As it turns out, AltaGas stock is up 29 per cent since the report of spring, 2011. Now we see more option-related buying. Over the past two months, officer and directors have exercised 17,050 options (not shown) but only sold 3,000 shares.
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.Report Typo/Error