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 are two stocks that have had recent buying activity in the public market reported by insiders.
Total Energy Services Inc. (TOT-T)
Between Sept. 18-23, president and chief executive officer Dan Halyk bought a total of 10,500 shares at an average price per share of approximately $9.22, lifting the holdings in this particular account to 2,010,500 shares. The cost of these purchases exceeded $96,000, not including commission charges.
Tourmaline Oil Corp. (TOU-T)
Between Sept. 3-20, founder, chairman, president and chief executive officer Mike Rose invested over $580,000 in shares of Tourmaline. He acquired a total of 10,000 shares at an average price per share of approximately $58.02 for two accounts, lifting the holdings to 8,277,699 shares in one account and to 1,147,500 shares in a different account.
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Listed below are two securities have had recent selling activity in the public market reported by insiders.
EQB Inc. (EQB-T)
On Sept. 20, president, chief executive officer and director Andrew Moor sold 29,100 shares at a price per share of $102.49, reducing the holdings in this particular account to 69,372 shares. Proceeds from the sale totaled nearly $3 million, excluding commission charges.
TFI International Inc. (TFII-T)
On Sept. 20, chairman, president and chief executive officer Alain Bedard exercised his options, receiving 25,000 shares at a cost per share of $40.36, and sold 25,000 shares at a price per share of $197.85. Net proceeds totaled more than $3.9 million, not including any associated transaction charges. After these transactions, this particular account held 4,427,891 shares.
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