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Great-West Lifeco world headquarters is pictured in Winnipeg, Tuesday, February 19, 2013.JOHN WOODS/The Canadian Press

The sellers outnumbered the buyers with one sector, in particular, seeing a greater number of sell trades – the technology sector.

Of the seven stocks sold in recent days by insiders, four of the companies are from the technology segment.

Listed below are 10 companies that have experienced recent insider buying and selling activities 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. Conversely, if insiders are selling shares, that may or may not be related to a stock's perceived valuation; perhaps an insider needs to raise money for personal reasons. Furthermore, 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 activities when I see multiple insiders buying or selling a company's shares.

Let's begin with the buyers.

Agnico Eagle Mines Limited (AEM-T)

Jean Robitaille, the senior vice-president of business strategy and technical services, accumulated 5,000 shares at a price of $60.7464 per share on Feb. 21. That same day, president Ammar Al-Joundi bought 2,000 shares at a price of $61.0965 per share.

DHX Media Ltd. (DHX.B-T)

So far this month, there have been two relatively small transactions by board members in DHX Media. Deborah Drisdell bought 1,500 shares at a price of $5.925 per share on Feb. 21, and Geoffrey Machum added 1,600 shares to his portfolio position on Feb. 16.

Pine Cliff Energy Ltd. (PNE-T)

This month, Robert Disbrow, a large shareholder, has purchased 688,500 shares over a number of trading sessions for various accounts.

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Turning to the sellers, seven companies are highlighted below with recent insider selling activity.

Celestica Inc. (CLS-T)

Betty DelBianco, the chief legal and administrative officer, sold 28,000 shares at a price of $18.43 per share on Feb. 21. The prior week, on Feb. 17, Glen McIntosh, the executive vice-president of global operations and supply chain management, reduced his holdings by 50,000 shares at a price of $18.05 per share.

CI Financial Corp. (CIX-T)

Board member Winn Oughtred sold 50,000 shares on Feb. 22 at a price of $27.6784 per share.

Computer Modelling Group Ltd. (CMG-T)

On February 21, Long Nghiem, vice-president of research and development, sold 25,000 shares. The prior week, on Feb. 16, David Hicks, the vice-president of the eastern hemisphere, trimmed his portfolio by 10,000 shares at a price of $10.235 per share.

Great-West Lifeco Inc. (GWO-T)

Brian Allison sold 2,500 shares at a price of $37.47 per share on Feb. 17.

Klondex Mines Ltd. (KDX-T)

Board member Bill Matlack has sold 192,600 shares so far this month in multiple transactions.

Redknee Solutions Inc. (RKN-T)

Lucas Skoczkowski, a member of the board of directors and the former chief executive officer of the company, sold 2,150,000 shares on Feb. 21.

Sierra Wireless Inc. (SW-T)

President and chief executive officer Jason Cohenour's most recent transaction was a sale. He sold 7,066 shares in the public market on Feb. 17 at a price of $27.80 (U.S.) per share.

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