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.
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Listed below are two securities that have had recent buying activity reported by insiders.
Allied Properties Real Estate Investment Trust (AP.UN-T)
On May 29, executive vice-president and chief operating officer Tom Burns purchased 3,000 units at a cost per unit of $40.18, lifting this account’s position to 69,557 units. The cost of this investment exceeded $120,000.
On June 2, Michael Cooper invested $470,000 in units of the Trust. He acquired 100,000 units at a price per unit of $4.70, initiating a position in this particular account.
Mr. Cooper is the chairman and chief executive officer of Dream Office REIT and he is also a director of Dream Alternatives Master GP, which oversees the management of the Trust’s assets held through Dream Alternatives Master LP.
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Listed below are three stocks that have had selling activity reported by insiders.
On June 1, chief governance officer and corporate secretary George Trisic sold 64,000 shares at a price per share of US$14.25, reducing this account’s holdings to 29,552 shares. Proceeds from the sale, not including trading fees, exceeded US$912,000.
On May 25, Terry Bishop, president – Canada Property Tax, divested 10,000 shares at a price per share of $42. Proceeds from the sale, excluding commission charges, totaled $420,000.
On June 2, James Cairns, senior vice-president, rail centric supply chain, sold 1,722 shares at a price per share of $118.92, reducing this particular account’s holdings to 493 shares. Proceeds from the sale, not including trading fees, exceeded $204,000.
On May 26, Doug Ryhorchuk, senior vice-president – network operations, sold 3,359 shares at a price per share of $117.4365, leaving 27,590 shares in this account. Proceeds from the sale, excluding commission charges, totaled over $394,000.
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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
