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 two securities that have had recent buying activity in the public market reported by insiders.
Canadian National Railway Co. (CNR-T)
On Feb. 3, director Margaret McKenzie bought 1,400 shares at an average cost per share of $145.20 for her RRSP account, after which this particular account held 9,890 shares. The cost of this investment exceeded $203,000.
Saputo Inc. (SAP-T)
On Feb. 11, president and chief executive officer Carl Colizza bought 10,300 shares at a price per share of $24.12, lifting the holdings in this specific account to 69,091 shares. The cost of this purchase exceeded $248,000.
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Listed below are two securities that have had recent selling activity in the public market reported by insiders.
Celestica Inc. (CLS-T)
On Feb. 5, president and chief executive officer Rob Mionis sold 75,000 shares at an average price per share of approximately US$141.29, reducing the holdings in this specific account to 456,417 shares. Proceeds from the sale totaled more than US$10-million, excluding commission charges.
On Feb. 7, Todd Coooper, president of advanced technology solutions, sold 65,000 shares at an average price per share of roughly US$129.78, leaving 110,426 shares in this particular account. Proceeds from the sale exceeded US$8.4-million, not including trading fees.
On Oct. 15, 2024, the share price close at $84.25. Since then, the share price has rallied an astounding 122 per cent, closing at $187.37 on Feb. 14, 2025.
CGI Inc. (GIB-A-T)
On Feb. 7, president of Canadian operations Michael Godin exercised his options, receiving 6,603 shares at a cost per share of $48.16, and sold 6,603 shares at a price per share of $168.7105 with 2,790 shares remaining in this specific account. Net proceeds exceeded $795,000, excluding any associated transaction fees.
On Feb. 5, president of Finland, Poland and Baltics operations Leena-Mari Lahteenmaa sold 1,000 shares at an average price per share of approximately $171.80, trimming the holdings in this particular account to 988 shares. Proceeds from the sale exceeded $171,000, excluding trading fees.
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