Featured below are companies that have experienced recent insider buying 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.
NorthWest Healthcare Properties REIT (NWH.UN-T)
The chief executive officer Paul Dalla Lana has been an active buyer in the market. On July 7, he acquired 25,000 units at an average cost of $10.5807 per unit. The previous day, he purchased 50,000 units at an average price of $10.7121 per unit, and on June 30, he bought 25,000 units at an average cost of $10.6741 per unit.
Parkland Fuel Corp. (PKI-T)
On July 4, John Bechtold, who sits on the board of directors, purchased 2,000 shares at an average cost of $29.73 per share.
The following companies have had recent selling activity.
Advantage Oil & Gas Ltd. (AAV-T)
On July 4, the company's chief financial officer Craig Blackwood, sold 10,000 shares at an average price of $8.78 per share. The prior week, on June 26, he eliminated 10,000 shares at an average price of $8.50 per share. Post these trades, he still maintained a large position, holding 415,494 shares in the portfolio.
Crescent Point Energy Corp. (CPG-T)
So far this month, three executives have been sellers in the market.
On July 5, Tamara MacDonald, the senior vice-president of corporate and business development, sold 9,247 shares at an average price of $9.39 per share, trimming her portfolio's position to 120,743 shares.
The previous day, Ryan Gritzfeldt, the vice-president of marketing and innovation, sold 15,000 shares at an average price of $10.02 per share, taking his portfolio position down to 170,505 shares. That same day, Steven Toews, the vice-president of engineering and operations, pared 10,000 shares from his portfolio at an average price of $10.05 per share, reducing his ownership position to 232,315 shares.
Evertz Technologies Ltd. (ET-T)
Rakesh Patel, the firm's chief technology officer, exercised his options on June 14, receiving 150,000 shares. Several weeks later, from July 4 through to July 11, Mr. Patel has been liquidating his portfolio, selling a total of 225,000 shares during this period. His portfolio's closing share balance was 219,100 shares after these sell orders were completed.
Another insider selling shares is the company's chief financial officer Anthony Gridley, who pared 2,400 shares from his portfolio at an average price of $17.83 per share on June 30. The previous day, he sold 4,600 shares at an average price of $17.85 per share. After these two trades, his portfolio held 15,000 shares.
New Flyer Industries Inc. (NFI-T)
On June 30, the chairman of the board of directors Brian Tobin reduced his portfolio's holding to 19,100 shares with the sale of 20,000 shares at an average price of $54.1765 per share.
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