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.
Listed below are two securities that have had recent buying activity in the public market reported by insiders.
Nutrien Ltd. (NTR-T)
On Nov. 9, president and chief executive officer Ken Seitz invested over $795,000 in shares of Nutrien. He purchased 7,790 shares at a cost per share of $102.18, initiating a position in this specific account.
The company pays its shareholders a quarterly dividend of 48 US cents per share or US$1.92 per share yearly, equating to a current annualized yield of approximately 2.5 per cent.
Parkland Corp. (PKI-T)
On Nov. 4, chairman of the board of directors Jim Pantelidis purchased a total of 15,300 shares at an average cost per share of approximately $25.74 for three accounts. The cost of these investments exceeded $393,000.
The company pays its shareholders a quarterly dividend of 32.5 cents per share or $1.30 per share yearly, equating to a current annualized yield of 5 per cent.
Listed below are two stocks that have had recent selling activity in the public market reported by insiders.
Boyd Group Services Inc. (BYD-T)
On Nov. 10, chief operating officer – Canadian operations Tony Canade sold 5,000 shares at a price per share of $212, trimming this specific account’s holdings to 45,000 shares. Proceeds from the sale exceeded $1-million, excluding trading fees.
Suncor Energy Inc. (SU-T)
On Nov. 4, chief people officer Paul Gardner exercised his options, receiving 20,000 shares at a cost per share of $30.21 and sold 20,000 shares at a price per share of $49.2693, after which this particular account did not hold any shares. Net proceeds totaled over $381,000, excluding any associated transaction fees.
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