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 with a stock that has had recent insider buying activity.
IMV Inc. (IMV-T)
Between June 5 and June 8, chairman Andy Sheldon accumulated a total of 6,000 shares at a price per share of approximately $7.99, raising his portfolio’s position to 62,874 shares.
On June 5 and June 6, chief financial officer Pierre Labbé acquired a total of 6,800 shares taking his account balance up to 100,081 shares.
On June 5, chief executive officer Fred Ors acquired 5,000 shares at a cost per share of $8.096, lifting his account’s holdings to 113,624 shares.
The following two stocks have had recent insider selling activity.
BRP Inc. (DOO-T)
On June 5, Edward Philip, who sits on the board of directors, divested 32,000 shares at a price per share of $61.83, reducing his portfolio’s position to 5,025 shares.
On June 4, chief financial officer Sébastien Martel sold 20,000 shares at a price per share of $60.864, leaving 32,597 shares in his account.
Thomson Reuters Corp. (TRI-T)
On June 8, Marc Gold, assistant secretary, sold 16,000 shares at a price per share of U.S.$40.65 with 3,547 shares remaining in his portfolio.
The following security has had mixed trading with both buying and selling activity reported by insiders.
Diversified Royalty Corp. (DIV-T)
On June 4, president and chief executive officer Sean Morrison purchased 50,000 shares at a cost per share of $3.22, increasing his portfolio’s position to 398,793 shares.
That day, hair Lawrence Haber (and the former president and chief executive officer) exercised his options receiving 129,900 shares in an account that he has control or direction over (joint spousal account). Between May 31 and June 6, he sold a total of 180,000 shares in this account with a closing balance of 201,529 shares.