Today, we visit TransForce Inc., which set a 52-week low on Feb. 3 of $18.94, but has since recovered some. Over the past three months, the stock is down about 13 per cent, lagging the iShares Dow Jones Transportation Average ETF off around 5 per cent over the same period (all local currency). Nevertheless, the chief executive has recently taken the weakened price as an opportunity to do some buying. Last month, Alain Bédard acquired 61,571 shares at an average price of $20.88. The stock is a member of the INK Canadian insider index.
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. 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.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.