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 stocks that have had recent insider buying activity.
Western Energy Services Corp. (WRG-T)
On June 21, chairman Ronald Mathison bought 563,400 shares at a price per share of $1.00 for an account in which he has indirect ownership (Matco Investments Ltd.), lifting the portfolio’s position to 4,653,540 shares.
Westshore Terminals Investment Corp. (WTE-T)
On June 21, Jim Pattison, with an ownership position exceeding 10 per cent, purchased 35,000 shares at a price per share of $24.25 for an account in which he has indirect ownership (Great Pacific Capital Corp.), increasing the account’s holdings to 10,360,000 shares.
The following two stocks have had recent insider selling activity.
Canadian Natural Resources Ltd. (CNQ-T)
On June 22, chief operating officer Scott Stauth exercised his options and sold the corresponding number of shares (12,500) at a price per share of $44.095, leaving 49,221 shares in his account.
High Arctic Energy Services Inc. (HWO-T)
Between June 11 and June 22, director Steven Vasey sold a total of 35,700 shares at an average price per share of approximately $3.92 with 150,100 shares remaining in his portfolio.