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 large-cap dividend stock that has had recent buying activity in the public market reported by an insider.
Nutrien Ltd. (NTR-T)
Between Aug. 9-20, executive vice-president and chief commercial officer Mark Thompson acquired a total of 4,330 shares at an average price per share of approximately $63.79, increasing the holdings in this particular account to 15,695 shares. The cost of this investment totaled more than $276,000.
Earlier this month, the share price closed at a 52-week low.
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The following three stocks have had recent selling activity in the public market reported by insiders.
AltaGas Ltd. (ALA-T)
On Aug. 20, chief operating officer, midstream Aaron Bishop exercised his options, receiving 19,820 shares at a cost per share of $18.72, and sold 19,820 shares at a price per share of $33.58 with 1,513 shares remaining in this particular account. Net proceeds totaled more than $294,000, not including any associated transaction charges.
Sprott Inc. (SII-T)
On Aug. 20, chief financial officer Kevin Hibbert sold 15,000 shares at a price per share of $56.5027 with 126,000 shares remaining in this particular account. Proceeds from the sale exceeded $847,000, excluding commission charges.
Triple Flag Precious Metals Corp. (TFPM-T)
Between Aug. 16-20, managing director, finance Leshan Daniel sold a total of 20,000 shares at an average price per share of roughly US$16.19, reducing the holdings in this specific account to 59,014 shares. Proceeds from the sales exceeded U.S$323,000, not including trading fees.
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