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Teck Mining Company's zinc and lead smelting and refining complex is pictured in Trail, B.C., on Nov. 26, 2012.DARRYL DYCK/The Canadian Press

Featured below are companies that have experienced recent insider buying and selling 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.

GDI Integrated Facility Services Inc. (GDI-T)

On June 20, chief financial officer Stéphane Lavigne purchased 10,000 shares at an average cost of $15.11 per share, initiating a portfolio position.

Gran Tierra Energy Inc. (GTE-T)

On June 21, David Smith, who sits on the board of directors, bought a total of 57,500 shares for two accounts at an average price per share of $2.08 (U.S.)

Spartan Energy Corp. (SPE-T)

On June 21, president and chief executive officer Rick McHardy, bought 50,000 shares, in addition to his purchase of 10,000 shares the previous day.

Teck Resources Ltd. (TECK.B-T)

On June 19, Andrew Stonkus, senior vice-president of marketing and sales, purchased 10,000 shares at an average cost per share around the $20.49 level, increasing his portfolio's position to 12,000 shares.

The previous trading day, on June 16, Warren Seyffert, deputy chairman and lead director, bought 5,000 shares at an average cost of $19.9863 per share, lifting his portfolio's holdings to 126,902 shares.

TransCanada Corp. (TRP-T)

On June 22, Louis Bergeron, Energy East's vice-president for Québec and New Brunswick, bought 500 shares at an average price per share of $62.05 and accumulated 940 shares on June 20. After these two trades, his portfolio's holdings stood at 8,700 shares.

On June 19, Derek Burney, who sits on the board of directors, accumulated 2,000 shares at an average price per share of $63.68, increasing his portfolio's position to 14,910 shares.

Last week, we reported that Mr. Bergeron bought 1,000 shares at an average price per share of $62.24 on June 15. The previous day, he purchased 3,188 shares, and on June 7, he acquired 1,100 shares.

Taking an opposing trading position, on June 12, Mark Yeomans, vice-president of pipeline integrity, exercised his options and sold the corresponding number of shares (4,233), eliminating this portfolio's position.

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Recent insider selling activity has occurred in the following company.

Intertape Polymer Group Inc. (ITP-T)

Numerous insiders have been sellers in the market.

Most recently, on June 22, director Melbourne Yull sold 50,000 shares at an average price of $24.5362 per share.

On June 19, Robert Beil, who sits on the board of directors, exercised his options, receiving 10,000 shares. That same day, he sold 3,725 shares at an average price of $24.5112 per share, leaving a remaining portfolio balance of 52,768 shares.

On June 16, Gregory Yull, president and chief executive officer, exercised his options and that day sold the corresponding number of shares (105,000) at an average price of $24.6107 per share, leaving a remaining share balance of 680,717.

he prior day, director Robert Foster divested 6,000 shares, reducing his portfolio's holdings to 50,100 shares.

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