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 a security that has had recent insider buying activity.
DREAM Unlimited Corp. (DRM-T)
On Aug. 21, Karine MacIndoe, a corporate director/trustee at Dream Office Real Estate Investment Trust, purchased 6,940 shares of DREAM Unlimited Corp. at a cost per share of $8.36, initiating a portfolio position.
The following three stocks have had recent insider selling activity.
Loblaw Companies Ltd. (L-T)
On Aug. 16, Garry Senecal, chief customer officer, sold 3,500 shares at a price per share of $69.20. The previous day, he sold 6,900 shares at a price per share of $67.80. After these two transactions, his portfolio held 3,421 shares.
On Aug. 16, Barry Columb, president of President’s Choice Financial, exercised his options and sold the corresponding number of shares (21,523) at a price per share of $69.0588, leaving 3,917 shares in his account.
Saputo Inc. (SAP-T)
On Aug. 16, president and chief operating officer of the cheese division (USA) Terry Brockman exercised his options and sold the corresponding number of shares (93,354) at an average price per share of approximately $41.96, leaving 83,087 shares in his portfolio.
Shopify Inc. (SHOP-T)
On Aug. 24, chief operating officer Harley Finkelstein exercised his rights, receiving 755 shares, and subsequently sold 417 shares at a price per share of U.S.$139.2587, leaving 555 shares in his account.