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 a stock that has had recent insider buying activity.
Gear Energy Ltd. (GXE-T)
Between May 16 and May 25, chairman Don Gray purchased 487,700 shares at an average price per share of $1.09, trimming his portfolio’s holdings to 4,454,305 shares.
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The following three securities have had recent insider selling activity.
Keg Royalties Income Fund (KEG.UN-T)
On May 25, chariman C.C. Woodward D sold 5,000 units at a price per unit of $18, reducing his account balance to 2,000 units.
People Corp. (PEO-X)
On May 25, executive chairman and chief executive officer Laurie Goldberg sold 200,000 shares at a price per share of $8 for an account in which he has indirect ownership, lowering the account balance to 5,104,547 shares.
Ritchie Bros. Auctioneers Inc. (RBA-T)
On May 22, Karl Werner, president – international, sold 7,664 shares at a price per share of U.S. $33.03, leaving 34,925 shares in his portfolio.
Jennifer Dowty