Skip to main content
The Globe and Mail
Support Quality Journalism
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); }

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.

The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts.

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.

Story continues below advertisement

Listed below are two stocks that have had recent buying activity reported by insiders.

Corus Entertainment Inc. (CJR-B-T)

Between July 15 and Aug. 5, president and chief executive officer Doug Murphy bought a total of 40,000 shares (20,000 shares on July 15, 10,000 shares on July 24, and 10,000 shares on Aug. 5) at an average price per share of roughly $2.44, increasing this account’s holdings to 225,582 shares. The cost of these purchases exceeded $97,000, not including trading fees.

The company pays its shareholders a quarterly dividend of 6 cents per share, or 24 cents per share yearly, equating to a current dividend yield of 10 per cent.

Genesis Land Development Corp. (GDC-T)

On Aug. 5, Garfield Mitchell, with an ownership position exceeding 10 per cent, invested over $1.8-million in shares of the company. He purchased 1.5-million shares at a cost per share of $1.23 for an account in which he has indirect ownership (Smoothwater Capital Corporation), lifting this account’s holdings to 18,062,720 shares.

Smoothwater Capital Corp. is an activist firm that invests in small and mid-cap companies.

Story continues below advertisement

**

Listed below are two stocks that have had selling activity reported by insiders.

Canadian National Railway Co. (CNR-T)

On July 30, Janet Drysdale, vice-president – financial planning, exercised her options, receiving 3,900 shares at an average cost per share of approximately $54.61, and sold 3,900 shares at an average price per share of roughly $130.45, leaving 13,389 shares in this specific account. Net proceeds exceeded $295,000, not including any associated trading fees.

On July 29, Gordon Giffin, who sits on the board of directors, divested 10,000 shares at a price per share of US$98.7194, after which 42,054 shares remained in this particular account. Proceeds from the sale totaled over US$987,000, excluding commission charges.

On July 27, Sean Finn, executive vice-president – corporate services and chief legal officer, exercised his options, receiving 2,426 shares at a cost per share of US$52.78, and sold 2,426 shares at a price per share of $129.5199.

Story continues below advertisement

Dollarama Inc. (DOL-T)

On July 30, director Huw Thomas sold 4,000 shares at a price per share of $48.2405, trimming this particular account’s position to 27,200 shares. Proceeds from the sale, not including commission charges, exceeded $192,000.

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.

Follow related topics

Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies