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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 by the CEO.

Canadian National Railway Co. (CNR-T)

On Nov. 20, president, chief executive officer and director Tracy Robinson purchased 3,300 shares at a price per share of $147.994, increasing the holdings in this particular account to 7,739 shares. The cost of this investment exceeded $488,000.

The share price is down approximately 13 per cent from its 2024 closing high of $179.65 set on March 21.

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The following three stocks have had recent selling activity in the public market reported by insiders.

Colliers International Group Inc. (CIGI-T)

On Nov. 20 and 21, director Fred Sutherland sold a total of 12,500 shares at an average price per share of roughly US$142.19, leaving 30,000 shares in this particular account. Proceeds from the sales totaled more than US$1.7-million, excluding trading fees.

FirstService Corp. (FSV-T)

Between Nov. 12-20, senior vice-president, corporate controller and corporate secretary Doug Cooke exercised his options, receiving 42,500 shares at a cost per share of US$111.36, or approximately $155.29 based on an assumed exchange rate of 1.3945, and sold 42,500 shares at an average price per share of roughly $261.44, after which this particular account held 207,724 shares. Net proceeds totaled approximately $4.5-million, not including any associated transaction fees.

TransAlta Corp. (TA-T)

On Nov. 21, executive vice-president of people, culture, and chief administrative officer Jane Fedoretz exercised his options, receiving 25,000 shares at a cost per share of $9.67, and sold 25,000 shares at a price per share of $15.11 with 114,885 shares remaining in this particular account. Net proceeds totaled $136,000, excluding any associated transaction charges.

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