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.
Listed below are three securities that have had recent buying activity in the public market reported by insiders.
dentalcorp Holdings Ltd. (DNTL-T)
On Sept. 9, founder, chief executive officer and chairman Graham Rosenberg bought 9,950 shares at a price per share of $9.966 for an account in which he has control or direction over (GRBCM Investment Limited Partnership), lifting this particular account’s position to 37,490 shares. The cost of this investment exceeded $99,000, not including trading fees.
Kits Eyecare Ltd. (KITS-T)
Between Aug. 31 and Sept. 9, chief executive officer Roger Hardy bought a total of 50,500 shares at an average price per share of approximately $2.70 for an account in which he has indirect ownership (0999849 B.C. Ltd.), increasing this specific account’s holdings to 1,787,464 shares. The cost of these purchases exceeded $136,000, not including trading fees.
Total Energy Services Inc. (TOT-T)
Between Aug. 25 and Sept. 7, founder, president, chief executive officer and director Dan Halyk purchased a total of 37,400 shares at an average cost per share of approximately $7.57 for two accounts. After these transactions, one account held 1,860,000 shares and a seperate account held 620,000 shares. The cost of these purchases totaled roughly $282,000, excluding commission charges.
Listed below is a stock that has had recent selling activity in the public market reported by an insider.
Brookfield Asset Management Inc. (BAM-A-T)
Between Sept. 1 - 8, vice-chair Jeff Blidner sold a total of 25,000 shares at an average price per share of roughly $62.87 for an account in which he has indirect ownership (Blidner Family Foundation), reducing this specific account’s holdings to 947,473 shares. Proceeds from the sales exceeded $1.5-million, excluding trading fees.
Mr. Blidner is also the chairman of Brookfield Renewable Partners LP (BEP-UN-T) and chairman of Brookfield Business Partners LP (BBU-UN-T).
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