Since we highlighted insider buying at auto parts maker Martinrea International (Friday's close $14.01) on April 12 of last year, the stock has risen more than 33 per cent. Insiders are continuing to buy shares despite the rally. In late March, CEO Frank Patrick D'Eramo bought 14,346 shares in the public market. More recently, on June 1, a subsidiary officer bought 3,500 shares between $14.06 and $14.07 while a senior officer exercised 20,000 options and did not sell (neither shown on chart). The stock is a member of the INK Canadian Insider Index.
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.