Thursday’s Insider Report: Companies insiders are buying and selling

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 three securities that have had recent insider buying activity.

Bird Construction Inc. (BDT-T)

On May 23, president and chief executive officer Ian Boyd acquired a total of 14,400 shares. These purchased shares were spread across three accounts, two of which he has control or direction over and the other account is his personal portfolio.

On May 16, Gilles Royer, executive vice-president – industrial, bought 41,000 shares at a price per share of $7.56, boosting his portfolio’s holdings to 140,950 shares.

Crew Energy Inc. (CR-T)

Between May 25 and May 29, director Ryan Shay purchased a total of 97,670 at a cost per share of $2.25, initiating a portfolio position.

Home Capital Group Inc. (HCG-T)

On May 28, Paul Haggis, who sits on the board of directors, purchased 6,500 shares at a cost per share of $13.8357 for an account in which he has control or direction over, increasing the account’s holdings to 12,450 shares.

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The following stock has had recent insider selling activity.

Vermilion Energy Inc. (VET-T)

Between May 23 and May 29, executive vice-president – people and culture Mona Jasinski sold a total of 15,377 at an average price per share of approximately $45.06, reducing her portfolio’s holdings to 30,941 shares.

On May 18, vice-president of European operations Gerard Schut sold 3,000 shares at a price per share of $47.54, trimming his account balance to 42,180 shares.