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.
list features insider transaction activity; it does not convey total
ownership information as an insider may hold numerous accounts.
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 three stocks that have had recent buying activity reported by insiders.
Enerplus Corp. (ERF-T)
a relatively small transaction, Jeffrey Sheets, who sits on the board
of directors, acquired 5,963 shares at a cost per share of US$6.7565 on
Jan. 10, raising this account's holdings to 14,198 shares. The cost of
this purchase exceeded US$40,000.
Mr. Sheets is the former chief financial officer of ConocoPhillips Co.
Linamar Corp. (LNR-T)
Jan. 8, Mark Stoddart, chief technology officer and executive
vice-president of sales and marketing, invested over $6-million in
shares of this auto parts manufacturer. He purchased 133,900 shares at a
price per share of $45.38, increasing this account's holdings to
Premier Gold Mines Limited (PG-T)
Jan. 8, president and chief executive officer Ewan Downie bought 47,500
shares at an average price per share of approximately $1.71, lifting
his account balance to 4,247,778 shares. The cost of this investment
Listed below is a stock that has had recent selling activity in the public market reported by an insider.
Pembina Pipeline Corp. (PPL-T)
Jan. 14, Paul Murphy, senior vice-president and corporate services
officer, exercised his options, receiving 15,000 shares at a cost per
share of $38.76, and sold 15,000 shares at a price per share of $50.1529
with 12,958 shares remaining in this account. Net proceeds, not
including trading fees, totaled over $170,000.
Fri, 17 Jan 2020 11:01:59 +0000