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.
Let’s begin the report featuring two stocks that have had recent insider buying activity.
Centerra Gold Inc. (CG-T)
Last week, we reported that the president and chief executive officer Scott Perry purchased 7,600 shares on June 12. He has continued to accumulate shares in the market. Between June 12 and June 15, Mr. Perry has purchased a total of 30,000 shares at an average cost per share of approximately $2.60, increasing his portfolio’s position to 65,605 shares.
Mediagrif Interactive Technologies Inc. (MDF-T)
On June 13 and June 14, the Fonds de solidarité FTQ, with an ownership position exceeding 10 per cent, purchased a total of 711,400 shares at an average cost per share of approximately $11.21, increasing the account balance to 2,387,971 shares.
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The following stock has had recent insider selling activity.
Cervus Equipment Corp. (CERV-T)
On June 14, chair of the board Peter Lacey sold a total of 500,000 shares for two accounts, 250,000 shares per account, at a price per share of $13.80.
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The following security has had mixed trading with both recent buying and selling activity reported by insiders.
NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN-T)
Between June 1 and June 12 , founder, chairman, and chief executive officer Paul Dalla Lana purchased a total of 60,000 units at an average price per unit of approximately $11.29 for an account in which he has indirect ownership (NorthWest Value Partners Inc.), after which the account held 1,918,193 units.
Previously, we reported president Bernard Crotty sold 8,589 units at a price per unit of $11.4033 on May 22, trimming his account’s holdings to 332,400 units.
Jennifer Dowty