Corus Entertainment Inc. shares are up more than 15 per cent since we wrote about insider buying at the firm on Dec. 17, 2011. While we have seen some insider sales, net activity is positive enough to keep the stock with an upbeat insider reading. Most recently, following the release of third-quarter results earlier this month, director Wendy Ann Leaney bought 4,000 non-voting class B shares at $22.59 in the public market. We found the purchase noteworthy as we are always on the lookout for insider buying after news.
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.