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.
Let’s begin the report featuring two companies that have had insider buying activity.
Tourmaline Oil Corp. (TOU-T)
On July 3, Chairman, President and Chief Executive Officer Michael Rose purchased 2,910 shares at a cost per share of $23.41. The prior week, on June 29, Mr. Rose bought 2,500 shares at a price per share of $23.336. After these transactions, his portfolio held 10,330,097 shares.
======
The following three stocks have had recent insider selling activity.
B2Gold Corp. (BTO-T)
On July 3, William Lytle, Senior Vice-President-Operations, sold 125,937 shares at a price per share of $3.39, leaving 32,052 shares in his account.
NFI Group Inc. (NFI-T)
On June 27, James Sardo, who sits on the board of directors, sold 1,500 shares at a price per share of $48.06, trimming his portfolio’s position to 17,407 shares.
Vermilion Energy Inc. (VET-T)
On June 27, Terry Hergott, Vice-President-Marketing, sold 4,300 shares at a price per share of $47.66 with a remaining account balance of 36,546 shares.
Jennifer Dowty