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.
The following two stocks have had recent insider buying activity.
Jamieson Wellness Inc. (JWEL-T)
On May 29, director Catherine Potechin acquired 2,000 shares at an average price per share of approximately $24.125, lifting her account balance to 2,500 shares.
Total Energy Services Inc. (TOT-T)
Between May 28 and May 31, president and chief executive officer Daniel Halyk purchased a total of 5,000 shares at a price per share of $12.05, increasing his portfolio’s position to 535,000 shares.
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Discussed below are two stocks that have had recent selling activity reported by insiders.
Open Text Corp. (OTEX-T)
On May 25, George Schulze, senior vice-president – business network sales, sold 5,173 shares at a price per share of U.S. $35, eliminating his portfolio’s position.
Savaria Corp. (SIS-T)
Between May 22 and May 31, Peter Drutz, who sits on the board of directors, sold a total of 14,200 shares at an average price per share of approximately $16.68. His remaining portfolio balance stood at 134,566 shares.
Jennifer Dowty