Skip to main content
Welcome to
super saver spring
offer ends april 20
save over $140
Sale ends in
$0.99
per week for 24 weeks
Welcome to
super saver spring
$0.99
per week for 24 weeks
save over $140
// //

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 four securities that have had recent buying activity reported by insiders.

Canadian Western Bank (CWB-T)

On March 23, Daryl MacLellan, president and chief executive officer of CWB Maxium Financial (a subsidiary of Canadian Western Bank), acquired 20,000 shares at a price per share of $16.75 for an account in which he has control or direction over (MacLellan Family Trust), taking this account’s position up to 141,686 shares. The cost of this purchase totaled $335,000, not including trading fees.

Between March 16-18, Stephen Murphy, executive vice-president- banking, invested over $277,000 in shares of Canadian Western Bank. He purchased a total of 15,000 shares at an average price per share of roughly $18.48, boosting this account’s holdings to 22,088 shares.

ECN Capital Corp. (ECN-T)

On March 19, chief credit officer Algis Vaitonis invested over $85,000 in shares of ECN Capital. He acquired 28,844 shares at a price per share of $2.95, lifting this account’s holdings to 306,184 shares.

On March 13, chief legal officer Mary Beth Koenig bought 545,000 shares at a cost per share of $4.0715. The cost of this purchase exceeded $2.2-million.

Story continues below advertisement

The company pays its shareholders a quarterly dividend of 2.5 cents per share, or 10 cents per share yearly, equating to a current annualized yield of 2.7 per cent.

GDI Integrated Facility Services Inc. (GDI-T)

On March 30, chief financial officer Stéphane Lavigne invested $130,000 in shares of GDI. He acquired 5,000 shares at a cost per share of $26, raising this particular account’s holdings up to 15,000 shares.

Sienna Senior Living Inc. (SIA-T)

On March 20, director Paula Jourdain Coleman invested over $199,000 in shares of the company. She acquired 18,000 shares at an average price per share of approximately $11.08, lifting this account’s position to 321,200 shares.

**

Story continues below advertisement

Listed below is a stock that has had selling activity reported by an insider.

Tourmaline Oil Corp. (TOU-T)

On March 23-24, chairman, president and chief executive officer Mike Rose sold a total of 1,003,900 shares for two accounts, 828,900 shares from his personal trading account and 175,000 shares from an account in which he has indirect ownership (Pegmatite Capital Corp.), at an average price per share of approximately $7.11. Proceeds from the sales, excluding commission charges, totaled over $7.1-million. After these sales, this personal trading account held 8,586,337 shares and the other account held 1,485,000 shares.

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.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow the author of this article:

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
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

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: 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