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 three securities that have had recent buying activity in the public market reported CEO’s.
Algonquin Power & Utilities Corp. (AQN-T)
On Nov. 8, chief executive officer and director Chris Huskilson invested over $166,000 in shares of the company. He purchased 25,000 shares at a cost per share of $6.6501, lifting the holdings in this particular account to 125,000 shares.
Premium Brands Holdings Corp. (PBH-T)
On Nov. 8, chief executive officer, president and director George Paleologou bought 5,000 shares at an average cost per share of approximately $77.47, after which this specific account held 407,471 shares. The cost of this purchase totaled more than $387,000.
Total Energy Services Inc. (TOT-T)
On Nov. 11, founder, chief executive officer, president and director Dan Halyk acquired 10,000 shares at a price per share of $10.45 for an account in which he has indirect ownership (Myrdan Investments Inc.), after which this specific account held 780,000 shares. The cost of this purchase exceeded $104,000.
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The following stock has had recent selling activity in the public market reported by an insider.
Fairfax Financial Holdings Ltd. (FFH-T)
On Nov. 12, Brian Bradstreet sold 1,000 shares at a price per share of $1,875, leaving 30,785 shares in this particular account. Proceeds from the sale totaled $1.875 million, excluding trading fees.
Mr. Bradstreet is a member of the Fairfax Investment Committee.
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