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 or perhaps shares may be sold to address tax implications when options and rights are exercised. 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. In addition, I tend to put great weight on insider transaction activity when I see multiple insiders trading a company's shares or units. Furthermore, it can be of value to note if an insider’s share or unit balance (investment in the company) is trending higher or lower.
Let's begin the report featuring two securities that have had recent insider buying activity.
Alimentation Couche-Tard Inc. (ATD.B-T)
On July 13, the Chief Financial Officer Claude Tessier purchased 2,800 shares at a cost per share of $61.95, increasing his portfolio’s position to 5,400 shares.
The prior day, Eric Boyko, who sits on the board of directors and is the President and Chief Executive Officer of Stingray Digital Group Inc., bought 2,000 shares at a price per share of $60.93 for an account in which he has indirect ownership (Boyko Investments Corp.), increasing the account’s holdings to 6,400 shares.
Valeura Energy Inc. (VLE-T)
On July 12, Chairman Tim Marchant accumulated 14,000 shares at a cost per share of $3.90, lifting his account’s holdings to 210,000 shares.
The previous day, the President and Chief Executive Officer Sean Guest purchased 10,000 shares at a price per share of $4.05, increasing his portfolio’s position to 36,990 shares.
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The following stock has had recent insider selling activity.
Blackline Safety Corp. (BLN-X)
On July 16, Director John Finbow sold 25,200 shares at a price per share of $5.50, trimming his portfolio’s position to 634,003 shares.
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The following stock has had mixed trading with both buying and selling activity recently reported by insiders.
Continental Gold Inc. (CNL-T)
Between July 6 and July 13, Director Martin Carrizosa acquired a total of 29,072 shares at an average price per share of approximately $3.75, increasing his account balance to 380,399 shares.
Earlier this month, we reported that the Chairman Leon Teicher exercised his options and sold the corresponding number of shares (100,000) at a price per share of $3.8458 on July 4, leaving 174,313 shares in his account.
Jennifer Dowty