We turn our attention to Finning International Inc., where insiders are net buyers again. We last wrote about Finning on May 24 of last year when CEO Scott Thomson was buying. The sellers came out right around the time the stock hit a multiyear high in late summer. On Jan. 16, the stock price hit a 52-week low of $20.52, but has since recovered. What caught our attention was buying this month. Most notably, on June 22 director Jacynthe Côté acquired 10,000 shares at prices ranging from $23.82 to $23.87.
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.