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 by insiders.
Element Fleet Management Corp. (EFN-T)
Between Dec. 13-23, president and chief executive officer Laura Dottori-Attanasio invested nearly $600,000 in shares of Element. She purchased a total of 20,800 shares at an average price per share of approximately $28.65, increasing the holdings in this specific account to 263,000 shares.
Superior Plus Corp. (SPB-T)
On Dec. 16, chair of the board of directors David Smith invested over $155,000 in shares of the company. He acquired a total of 25,000 shares across three accounts at an average price per share of approximately $6.23.
Tourmaline Oil Corp. (TOU-T)
Between Dec. 12-17, founder, chairman, president and chief executive officer Mike Rose bought a total of 7,500 shares at an average cost per share of roughly $61.91. The cost of these purchases exceeded $464,000.
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The following stock has had recent selling activity in the public market reported by the CFO.
Descartes Systems Group Inc. (DSG-T)
On Dec. 17, chief financial officer Allan Brett sold 5,260 shares a price per share of $171.60, trimming his position in this specific account to 29,000 shares. Proceeds from the sale exceeded $902,000, excluding trading fees.
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