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 four stocks have had recent selling activity in the public market reported by insiders.
Fiera Capital Corp. (FSZ-T)
On Sept. 12 and 13, executive director, president and chief executive officer of Fiera Private Markets John Valentini divested 158,695 shares at an average price per share of roughly $7.46, reducing the holdings in this specific account to 300,000 shares. Proceeds from the sales exceeded $1.1-million, excluding trading fees.
Real Matters Inc. (REAL-T)
On Sept. 13, executive vice president and chief technology officer Ryan Smith exercised his options, receiving 106,703 shares at an average cost per share of approximately $5.59, and sold 106,703 shares at an average price per share of roughly $8.14. Net proceeds totaled more than $272,000, not including any associated transaction charges. After these transactions, this particular account did not hold any shares.
Skeena Resources Ltd. (SKE-T)
Between Sept. 10-12, chief financial officer Andrew MacRitchie sold a total of 35,000 shares at an average price per share of approximately $11.365 with 167,024 shares remaining in this particular account. Proceeds from the sales totaled more than $397,000, not including commission charges.
Year-to-date, the share price has rallied over 80 per cent.
Stella-Jones Inc. (SJ-T)
On Sept. 13, director James Manzi sold 5,000 shares at a price per share of US$68.3211 after which this specific account held 4,500 shares. Proceeds from the sale exceeded US$341,000, excluding trading fees.
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