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 is a security that has had recent buying activity in the public market reported the CFO.
Element Fleet Management Corp. (EFN-T)
On Nov. 18, chief financial officer Frank Ruperto invested over $319,000 in shares of the company. He acquired 11,500 shares at a price per share of $27.7896, lifting the holdings in this specific account to 20,200 shares.
Mr. Ruperto will be stepping down from his role as the company’s CFO with plans to retire in March 2025.
On Nov. 21, the share price closed just 2 cents below its record closing high of $29.74 set on Oct. 15, 2024.
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The following three stocks have had recent selling activity in the public market reported by insiders.
Computer Modelling Group Ltd. (CMG-T)
On Nov. 18, vice-president, innovation lab Long Nghiem sold 15,000 shares at a price per share of $10.20 with 559,055 shares remaining in this particular account. Proceeds from the sale totaled $153,000, excluding trading fees.
NuVista Energy Ltd. (NVA-T)
Between Nov. 15-18, chief executive officer Jonathan Wright exercised his options, receiving a total of 135,004 shares at an average cost per share of approximately $2.01, and sold 135,004 shares at an average price per share of roughly $13.07, after which this particular account held 843,978 shares. Net proceeds totaled nearly $1.5 million, not including any associated transaction fees.
Paramount Resources Ltd. (POU-T)
On Nov. 18, executive vice-president, development and reserves Garth Stotts exercised his options, receiving a total of 36,480 shares at an average cost per share of approximately $9.17, and sold 36,480 shares at an average price per share of roughly $31.04 with 38,897 shares remaining in this particular account. Net proceeds totaled nearly $800,000, excluding any associated transaction charges.
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